Asked by Anonymous
What does this interest formula stand for:
PRT=I
PRT=I
Answers
Answered by
Sammy
P=the principal ( the amount borrowed)
R=the rate(percent)
T=time the amount is borrowed
I=interest
You must multiply P R T together to get the interest
R=the rate(percent)
T=time the amount is borrowed
I=interest
You must multiply P R T together to get the interest
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