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Interest is calculated by _____.

Interest is calculated by _____.
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Interest is calculated by _____.

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User Aleksey Vlasenko
by
7.4k points

1 Answer

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Simple Interest is calculated using the formula: I=P*r*t
P=the principal (amount you start with)
r=percentage of interest earned
t= time in years
answered
User Darius
by
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