Question 15 of 25 • S1S-OC: Pre-Calculus A (E3700 - AG)
Celo used the simple interest formula to calculate the interest he earned on his savings last month. Which equation is equivalent to the simple interest formula?
Answer
A
uppercase P = StartFraction uppercase A Over 1 + r t EndFraction
B
uppercase P = StartFraction 1 + r t Over uppercase A EndFraction