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How do you figure out what number to use for the time in the simple interest formula
percentages
The bank will pay a modest interest for keeping money in a savings account
decimals
0.50
interest = principal x rate x time
Amount of money that you put into your bank account
withdraw slip
Write the time you are given as a fraction
How are rates given to you
percentages
The bank will pay a modest interest for keeping money in a savings account
decimals
0.50
interest = principal x rate x time
Amount of money that you put into your bank account
withdraw slip
Write the time you are given as a fraction
What would the decimal be for 1/2
percentages
The bank will pay a modest interest for keeping money in a savings account
decimals
0.50
interest = principal x rate x time
Amount of money that you put into your bank account
withdraw slip
Write the time you are given as a fraction
What is the formula for simple interst
percentages
The bank will pay a modest interest for keeping money in a savings account
decimals
0.50
interest = principal x rate x time
Amount of money that you put into your bank account
withdraw slip
Write the time you are given as a fraction
Define Deposit
percentages
The bank will pay a modest interest for keeping money in a savings account
decimals
0.50
interest = principal x rate x time
Amount of money that you put into your bank account
withdraw slip
Write the time you are given as a fraction
To take money out of the bank you will need to fill out a
percentages
The bank will pay a modest interest for keeping money in a savings account
decimals
0.50
interest = principal x rate x time
Amount of money that you put into your bank account
withdraw slip
Write the time you are given as a fraction
What would you want to open a savings account and not just a checking account
percentages
The bank will pay a modest interest for keeping money in a savings account
decimals
0.50
interest = principal x rate x time
Amount of money that you put into your bank account
withdraw slip
Write the time you are given as a fraction
What will you need to change the rates to before you can calculate them
percentages
The bank will pay a modest interest for keeping money in a savings account
decimals
0.50
interest = principal x rate x time
Amount of money that you put into your bank account
withdraw slip
Write the time you are given as a fraction
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