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1 December, 19:59

The formula used to calculate simple interest is modeled by I=prt, where I=simple interest, p=principle, r=interest rate, and t=time, measured in years. Which of the following options represent (s) an alternative equivalent version of the simple interest formula? select all that apply ... TY

I = trp

I = p + rt

I - rt = p

t = l/rp

p = l/rt

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Answers (1)
  1. 1 December, 20:24
    0
    An alternative equivalent versions are:

    I = trp

    t = l/rp

    p = l/rt
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