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What formula we use to calculate interest?

What formula we use to calculate interest?
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2 votes
What formula we use to calculate interest?

asked
User PhilJay
by
8.4k points

2 Answers

4 votes
interest= principle interest rate time
answered
User GregGalloway
by
8.0k points
3 votes

Answer:

l = prt or,

Interest = principle * interest rate * time

answered
User Jatin Patil
by
8.1k points
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