Percent Problems involving Simple Interest
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Videos, worksheets, stories and songs to help Grade 8 students learn how to solve percent problems involving simple interest.
What is the Simple Interest Formula?
The Simple Interest Formula is
I = Prt
where I is interest, P is the principal or starting amount, r is the interest rate per year and t is the time the money is invested or borrowed in years.
How to solve percent problems involving the Simple Interest Formula?
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