Simple Interest Formula I = PRT | Solve Word Problems | Examples | Eat Pi
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Simple Interest Formula I = PRT | Solve Word Problems | Examples | Eat Pi
In this video, I teach you how to solve simple interest problems by using the formula I = PRT. I go over a few different word problem examples. I = Interest P = Principal R = Rate T = Time 0:00 - Introduction 0:37 - Find the simple interest earned after 3 years on $500 at an interest rate of 6% 2:26 - Find the principal invested if $178 of ...
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