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    Mathematics
  3. Study Set
    Contemporary Mathematics
  4. Exam
    Exam 10: Simple Interest and Promissory Notes
  5. Question
    To Solve for the Rate, Use the Following Formula
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To Solve for the Rate, Use the Following Formula

Question 128

Question 128

True/False

To solve for the rate, use the following formula:
​
Rate = Principal x Interest x Time​

Correct Answer:

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