Jane is borrowing money from her sister, who is charging her simple interest using the formula I = Prt. To figure out the interest rate r, Jane rearranges the formula. What is r in terms of I, P, and t?
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Home » SAT » Jane is borrowing money from her sister, who is charging her simple interest using the formula I = Prt. To figure out the interest rate r, Jane rearranges the formula. What is r in terms of I, P, and t?