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Simple Interest Formula - YourTeacher.com - Math Help
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For a complete lesson on the simple interest formula, go to http://www.yourteacher.com - 1000+ online math lessons featuring a personal math teacher inside every lesson! In this lesson, 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%?