Register

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

. In the formula I=P·r·t, what does I stand for?
asked 61.6k views
0 votes
. In the formula I=P·r·t, what does I stand for?

asked
User Heferav
by
8.2k points

1 Answer

4 votes

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.

answered
User Tyler Cowan
by
8.3k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Link Copied!