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    Class 7
Simple Interest Formula | MathHelp.com
1:35
YouTubeMathHelp.com
Simple Interest Formula | MathHelp.com
Need a custom math course? Visit https://www.MathHelp.com. This lesson covers the simple interest formula. 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%?
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