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Mathematics 20 Online
OpenStudy (anonymous):

Principle is the independent variable and interest is the dependent variable of this relation. Principle 10 100 1,000 10,000 Interest 2 20 200 2,000 True False

OpenStudy (anonymous):

What is the formula for principle and interest?

OpenStudy (anonymous):

I don't remember...We don't get much to work with

Parth (parthkohli):

Principle = Money borrowed

Parth (parthkohli):

Simple interest and Compound interest are two types. \[S.I. = P.R.T \div 100\]

Parth (parthkohli):

Interest is dependent on Principal and interest rate.

OpenStudy (anonymous):

So false?

Parth (parthkohli):

\[Compound interest -> A = P(1 +r/100)^{n}\]

Parth (parthkohli):

True

OpenStudy (anonymous):

okay thank you

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