What does the P stand for in the simple interest formula?

What does the r stand for in the simple interest formula?

What does the t stand for in the simple interest formula?

Wht do you have to do to the interest rate before using it in a problem?

The time in an interest problem must be in ...

On the compound interest formula, where does the time go?

the Principal is also know as the...

Simple interest formula only gives you the...

Compound interest only gives you the...

If using the exact same numbers, compound interest will always give you more money.

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