Mathematics, 02.10.2021 03:10 Sydewise9242

PLZ HELP!!! 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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