40.2k views
5 votes
Accrued Amount (amount in

the account)
1. P
interest rate (as a decimal)
Principal (amount you start
with)
3.t
Interest earned (in dollars)
5. 1
time (calculated in years)


HURRY

Accrued Amount (amount in the account) 1. P interest rate (as a decimal) Principal-example-1

1 Answer

3 votes

Amount - A, Rate - r, Principal - P, Interest - I, Time - t

Step-by-step explanation:

  • Accrued amount (Amount in the account) is represented by the first letter in amount "A".
  • Interest rate (as a decimal) is represented by the first letter in rate "r".
  • Principal (amount you start with) is represented by the first letter in Principal "P".
  • Interest earned (in dollars) is represented by the first letter in interest "I".
  • Time (calculated in years) is represented by the first letter in time "t".
User Quiver
by
6.3k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.