i know Interest = principle x rate x time over 100. ? is the formula for getting principle, and time rate?

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i know Interest = principle x rate x time over 100. ? is the formula for getting principle, and time rate?

i have been told that the formula is the same ie principle =interest x rate x time. rate% = principle x interest x time. --------- both over 100
please help.

2007-08-15 09:07:09 · 1 answers · asked by gerard f 2 in Social Science ➔ Economics

1 answers

Time rate? Something new?
It is basic algebra: simply simplify. If i = PRT,
P = RT / i

2007-08-15 09:15:33 · answer #1 · answered by Nothingusefullearnedinschool 7 · 0⤊ 0⤋