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In the formula l=P•r•t what does r stand for

In the formula l=P•r•t what does r stand for
asked 218k views
2 votes
In the formula l=P•r•t what does r stand for

asked
User Egig
by
8.9k points

1 Answer

3 votes

Answer:

It stands for rate

Explanation:

Rate: the percent that interest is paid annually as a decimal.

answered
User Owais Ahmed
by
8.4k points
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