Mathematics, 04.07.2019 12:00 d0ram0UsE

Suppose that you plan on investing into a account paying simple interest. the formula for simple interest is i = prt, where i is the interest earned on a investment of p dollars, at the given rate r, over t years. if the banker tells you that the time for your investment is determine by the following t = (i)/r, would they be correct?

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