marissacruz188971 marissacruz188971

09-12-2020
Mathematics

contestada

. In the formula I=P·r·t, what does I stand for?

Respuesta :

tomjeery22505 tomjeery22505

09-12-2020

Answer:

I stand for simple interest.

p stands for principal amount

R Stands for Rate of interest

T stands for Time

This is the formula for simple interest.

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