Mathematics, 17.10.2019 04:00 ckolliegbo
The formula for simple interest is i=prt, where i is the interest, p is the principal, r is the interest rate, and t is time (in years). solve the formula for p. then use the formula to determine the principal for an account with a 2% interest rate that earned $300 in simple interest over the course of 8 years.
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The formula for simple interest is i=prt, where i is the interest, p is the principal, r is the inte...
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