how would you find the annual rate if its the missing variable in a simple interest question?

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Guest Jan 30, 2015

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Best Answer

I = Prt ....so, to find"r," just divide both sides by Pt.....and we have

I/(Pt) = r

CPhill Jan 30, 2015

CPhill · Answer 1 · 2015-01-30T04:32:37

I = Prt ....so, to find"r," just divide both sides by Pt.....and we have

I/(Pt) = r