amyhamilton73 amyhamilton73

30-10-2018
Mathematics

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the formula for simple interest is I=Prt, where I is interest, P is principal, r is interest rate, and t is time in years. Which equation can be used to calculate principlal, p?

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Eureka1Fa Eureka1Fa

30-10-2018

You take I = PRT then divide both sides of the equation by RT to isolate P. Which gets you I / RT = P.

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