Which of the following is used to help calculate interest

Asked by admin @ 28/10/2021 in Mathematics viewed by 279 People

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

Answered by admin @ 28/10/2021

An alternative equivalent versions are:

I = trp
t= l/rp
p= l/rt

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