173k views
4 votes
2. In the formula I = P x r x t, what does r stand for? a. Rate: the percent that interest is paid annually as a decimal b. Ratio: the size of the interest interval compared to time c. Return: how much money you end up earning d. Reserves: how much money you have in the investment

User NTDLS
by
8.5k points

2 Answers

4 votes

Answer:

I will answer this soon I don't remember

User Adam Milligan
by
8.4k points
0 votes

Answer:

A. Rate: the percent that interest is paid annually as a decimal

Explanation:

Edge 2022 got the answer right :)

User Iurie Manea
by
7.5k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories