what is the fornula of simple interest
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A = P(1 + rt) where P is the Principal amount of money to be invested at an Interest Rate R% per period for t Number of Time Periods
vineet47:
you are wrong
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p×r×t/100...sorry..earlier I thought compound interest
I.e....principal into time into rate apon hundred
I.e....principal into time into rate apon hundred
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