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Simple Interest Formula
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Lesson Description - Simple Interest Formula:
This lesson covers the idea of simple interest formula. Students solve word problems using the "interest" formula, which states: interest = principal x rate x time. For example: How much principal must be invested to earn $471 in 3 years at an interest rate of 10%?
Related Lessons:
Simple Interest Formula, Principal Rate Time, interest formulas, formula for interest, interest formula
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