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A=P(1+r)^2 A= interest P= principle

Is this correctBusiness and finance. The simples interest I on a principle of P dollars at interest rate r for time t, in years,
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2. asked by Jasmine20
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Computation - Find your level!Rishi gets a savings account that earns an interest rate of 0.8%. Rishi starts with a principle
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If the principle is $8,500 and the rate of interest is 4% (simple interest), what is the amount of interest after one year?A
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2. asked by Tyler
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If the principle is $8,500 and the rate of interest is 4% (simple interest), what is theamount of interest after one year? A
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2. asked by Desperate
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You visited your local bank. Because of your good credit, they agreed to give you a personal loan, simple interest at a current
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2. asked by Tracy
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The simple interest formula is I=Prt. The P represents the principle. The principle is __________________.
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The formula used to calculate simple interest is modeled by I=prt, where I=simple interest, p=principle, r=interest rate, and
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2. asked by John
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The formula used to calculate simple interest is modeled by I=prt, where I=simple interest, p=principle, r=interest rate, and
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2. asked by John
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The formula used to calculate simple interest is modeled by I=prt, where I=simple interest, p=principle, r=interest rate, and
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2. asked by Mark
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The formula used to calculate simple interest is modeled by I=prt, where I=simple interest, p=principle, r=interest rate, and
1. 1 answer
2. 78 views