Interest
Today in class we learned about interest, to find the interest of any number you must multiply the principal by the rate.
Today in class we learned about interest, to find the interest of any number you must multiply the principal by the rate.
500 = Principal
.12 = Rate
1 = Time
500 x .12 = 60.00 x 1 = 60.00 = The interest is 60.00
http://www.aaamath.com/mny84-simple-interest.html
http://www.teacherschoice.com.au/sample_help_2_alg.htm
http://www.gomath.com/htdocs/lesson/interest_lesson1.htm
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