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simple interest is computed by finding the product of the principal amount, p, and the interest rate, r, and the time t.translate each sentence into an formula

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You have that simple interest is computed by the multiplication of p (principal amount), r (interest rate) and t (time).

The previoues sentence can be written algebraically as follow:

I = p x r x t you only have to multiply each factor

where I is the letter for simple interest.

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User Picklepick
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