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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

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15y ago

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prt= principlexratextime hope ive helped you

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13y ago
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Q: What is the formula for simple interest?
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