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Earn +20 ptsQ: Is the formula i prt have 3 terms?
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What is the formula for finding interest?
i=prt FACT: If an annual interest rate is given, time in the simple interest formula must be expressed in terms of years.
What is the Simple Interest Formula?
I = prt where I = interest, p = principal, r = rate. and t = time in years.
What is the formula for simple annual interest?
I= Prt I=interest P=principal r=rate t=time
What is the formula for simple interest?
I = P x r x t/100 where I = Simple Interest P= principal r= rate t=time The formula is I=PRT P=principal,the money deposited or taken out. R=rate,the percent intrest T=time,the time elapsed or the daily basis
What is algebraic terms?
Algebraic terms is when a letter, for example 'x', represents a number in a formula or sum.
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