Cody

Problem 56085. Simple Interest : Calculate annual simple interest rate

Theorem : Simple Interest
where;
  • F : Future Value
  • P : Present Value
  • r : Annual simple interest rate (decimal)
  • t : Time in years
Calculate r, given F, P and t.
Solve

Solution Stats

94.12% Correct | 5.88% Incorrect
Last Solution submitted on Oct 04, 2023

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