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OpenStudy (anonymous):
Interest = principal rate.
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OpenStudy (anonymous):
simple interest = principal x rate x time
OpenStudy (anonymous):
does principal * rate equal interest
OpenStudy (anonymous):
Jill Ley took out a loan to pay for her child's education for $60,000. The loan would be repaid at the end of 8 years in one payment with an…
OpenStudy (anonymous):
Principal is equal to rate divided by interest times time.
OpenStudy (anonymous):
no rate given? I = PRT P = I/(rt)
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OpenStudy (anonymous):
Is ordinary interest required by all banks.
OpenStudy (anonymous):
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