Mathematics, 06.01.2021 20:10 skyyman
Which of the following statements is true?
1. Simple interest can be found by the formula I = Prt. T stands for time in months.
2. Compound interest can be found by a formula that gives both the original principal plus the amount of interest.
3. When you calculate compound interest, only the amount of interest is found.
4. When you calculate simple interest, I = the amount of interest plus the principal
Answers: 1
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Which of the following statements is true?
1. Simple interest can be found by the formula I = Prt....
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