Posted by **Rebecca Broda** on Tuesday, February 22, 2011 at 5:31pm.

What does I=prt mean in 7th grade verison?

- Math -
**Helper**, Tuesday, February 22, 2011 at 5:37pm
I = PRT

This is a formula for calculating simple interest.

Interest = Principal * Rate * Time

Example, you put $500 in a saving account, at 3% interest per year.

To find the interest after two years,

P = $500, R = 0.03, T = 2

I = 500 * 0.03 * 2

I = 1000 * 0.03

I = $30

- Math -
**chaemane**, Wednesday, February 23, 2011 at 5:34pm
what is the lowest term of 125/150?

- Math -
**Makenzie**, Wednesday, April 13, 2011 at 5:33pm
How do you convert 8 and four ninths into a decimal

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