Brib2erYueKierdlowe Brib2erYueKierdlowe
  • 02-02-2017
  • Mathematics
contestada

what is the formula to find a simple interest rate

Respuesta :

mimi361 mimi361
  • 02-02-2017
simple interest formula: A = P(1 + rt) where P is the Principal amount of money to be invested at an Interest Rate R% per period for t Number of Time Periods. Where r is in decimal form; r=R/100; r and t are in the same units of time.
Answer Link

Otras preguntas

Raine is planning a road trip. She made a table showing the distance she plans to travel based on the number of hours spent traveling. Which graph best shows t
How many times HCl 4 M is less concentrated than HCl 10M?
A right triangle has side lengths 5,12, and 13 as shown below.
Can you answer this?There are 5 ppl in a room. You go in that room and kill 4 of those 5 ppl, how many ppl actually remain in the room.
A __________ is a large area of thick ice that moves slowly.
Large ____ allow blocks of crust to be displaced downward, forming a rift.
What is the value of x?
Which of these describes president theodore roosevelt's and president william taft's policy of using economic power to influence other countries? a.dollar dipl
how can you determine if an argument had weaknesses in it?
How much was $500 invested at 6% interest compounded monthly be worth after four years