Mathematics, 08.07.2021 20:50 lexxa58

Suppose that you plan on investing into a account paying simple interest. The formula for simple interest is I = Prt, where I is the interest earned on a investment of P dollars, at the given rater, over t years. If the banker tells you that the time for your
investment is determine by the following t = (1)/r, would they be correct?

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Suppose that you plan on investing into a account paying simple interest. The formula for simple int...

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