simple interest ________(write formula)
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Answer:
You can calculate Interest on your loans and investments by using the following formula for calculating simple interest: Simple Interest= P x R x T ÷ 100, where P = Principal, R = Rate of Interest and T = Time Period of the Loan/Deposit in years.
Answered by
1
Answer:
I= Prtis the formula.
Step-by-step explanation:
I= Interest
P= Principle
R= Rate
T= Time
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