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Calculate the simple interest on
The formula used to calculate simple interest is modeled by I=prt, where I=simple interest, p=principle, r=interest rate, and
1 answer
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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 answer
asked by
Mark
152 views
The formula used to calculate simple interest is modeled by I=prt, where I=simple interest, p=principle, r=interest rate, and
1 answer
asked by
John
173 views
The formula used to calculate simple interest is modeled by I=prt, where I=simple interest, p=principle, r=interest rate, and
1 answer
asked by
John
149 views
What is the difference between simple interest and compound interest?
a Compound interest is unpredictable, and does not allow
1 answer
asked by
Eric23
248 views
Mr. Simpson deposits his money in a savings account at the Springfield Bank. Would he earn more money with simple interest or
5 answers
180 views
Carl Sonntag wanted to compare what proceeds he would receive with a simple interest note versus a simple discount note. Both
2 answers
asked by
marie
5,094 views
Compounding interest means interest accrues _____.
(1 point) Responses more quickly than simple interest more quickly than simple
1 answer
asked by
Katana Yama
15 views
Compounding interest means interest accrues _____.
(1 point) Responses more slowly than simple interest more slowly than simple
1 answer
asked by
Katana Yama
12 views
On January 5, Ebony Davis borrowed $6,500 on a simple interest loan from a lending institution to finance her catering business.
2 answers
asked by
Jennifer
655 views