What does I=prt mean in 7th grade verison?

Answer 1

I = PRT

This is a formula for calculating simple interest.

Interest = Principal * Rate * Time

Example, you put $500 in a saving account, at 3% interest per year.

To find the interest after two years,
P = $500, R = 0.03, T = 2
I = 500 * 0.03 * 2
I = 1000 * 0.03
I = $30

Answer 2

what is the lowest term of 125/150?

Answer 3

How do you convert 8 and four ninths into a decimal