Simple interest: Use the formula I=PRT
P= $ or principal
R= %
T= time (in years- divide by 12 if given months)
Please explain how solve!
![Simple interest Use the formula IPRT P or principal R T time in years divide by 12 if given months Please explain how solve class=](https://us-static.z-dn.net/files/d3d/c823f0648e6ead8c0d91f017ee20b512.png)