therealdomtrevino therealdomtrevino
  • 01-10-2021
  • Mathematics
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What interest rate is needed

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Аноним Аноним
  • 01-10-2021

Answer:

How to calculate interest rate

Step 1: To calculate your interest rate, you need to know the interest formula I/Pt = r to get your rate. ...

I = Interest amount paid in a specific time period (month, year etc.)

P = Principle amount (the money before interest)

t = Time period involved.

r = Interest rate in decimal.

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