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1 January, 17:59

How do you do simple intrest?

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Answers (2)
  1. 1 January, 19:00
    0
    I = p*r*t, where:

    i is the interest earned, a dollar amount

    p is the principal, the original dollar amount

    r is the interest rate, expressed as a decimal fractin

    t is the number of years.

    Best that you post an actual problem, work on it and ask for feedback if need be.
  2. 1 January, 20:11
    0
    Use the simple interest formula: A = P (1 + rt)
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