write a formula to calculate simple .interest
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- write a formula to calculate simple .interest
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.
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Answer:
formula:
PtR
I - ____
100
hope its help you
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