Today in class exercises 2 and 3, in the intrest booklet, had to be done for end of class.
To get the answers to all of the questions, certain formulas must be used.
The formulas are.......
1.Find intrest= I=(P*r*t) Intrest=(Principal*rate*time)
2.Find Principal= P=I/(r*t) Principal=Intrest/(rate*time)
3.Find rate= r=I/(P*t) rate=Intrest/(Principal*time)
4.Find time= t=I/(P*r) time=Intrest/(Principal*rate)
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