dakotaleeann5 dakotaleeann5
  • 21-08-2021
  • Mathematics
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What is the formula for simple interest?

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nayeem8uddin nayeem8uddin
  • 21-08-2021

Answer:

A = P (1 + rt)

A = final amount

P = initial principal balance

r = annual interest rate

t = time (in years)

Step-by-step explanation: brainliest plz

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esenter1 esenter1
  • 21-08-2021
A = P(1 + rt)

The answer needs to be 20 characters but this is the formula for simple interest.
Answer Link

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