Simple Interest Formula I = PRT | Solve Word Problems | Examples | Eat Pi
Автор: Eat Pi
Загружено: 2021-01-29
Просмотров: 141279
In this video, I teach you how to solve simple interest problems by using the formula I = PRT. I go over a few different word problem examples.
I = Interest
P = Principal
R = Rate
T = Time
0:00 - Introduction
0:37 - Find the simple interest earned after 3 years on $500 at an interest rate of 6%
2:26 - Find the principal invested if $178 of interest was earned in 2 years at an interest rate of 4%
5:16 - Find the rate if a principal of $8,200 earned $3,772 interest in 4 years
There are a couple playlists attached at the end of the video if you need help with any other topics.
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