Math, asked by hemachakma86pblm7c, 1 year ago

rate and discount formula

Answers

Answered by ProEvolution

To calculate simple interest rate, just find out the interest rate for one period (multiply by amount, interest rate, period) but calculate the discount rate, just multiply by the amount and an interest rate. ... By using the Formula Discount rateDR = pr (p = principal amount, r = interest rate).

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