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I thought it was Interest over Principal X Time
And I thought 1750 X 5 was 8,750

you can rearange the formula, to find rate like this:
I=P*R*T
R=I/(PT)

because you divide both sides of I=PRT by PT

get it?

I get it but it reads R=(PT)/I

or am i just not inturpriting it right?

the formula is wrong in your example
it should by R=I/(PT)

and what about the 1750 X 5 = 87.50?

the rest is correct, it is just that the formula is wrong, but the final answer is correct

I don't understand how 1750 * 2 1/2 = 87.5

oops, i ment 3500 * 2 1/2 = 87.5

you should get some trustworthy questions, not stuff like that

simple interest is calculated at:
I = Prt

amistre, I already covered that abouve

...but..but... it so far up there......

it is near my name

=D LOL

it does not

accountants cant count? :)

i used the word formula for lack of better term
maybe i should have said concept

but the simple interest formula assumes 365, I am certain

they have provided me with more nonsense I assume :)

they translated 36 days as 36/360 for this formula

if you are interested in learning maths fast, and in a fun way, I know a great site

WATCH the intro vid

you will get an idea how to use it

http://www.khanacademy.org/#browse

here is the list of topics, when you click on topics, you are directed to videos

and above, the is a button practics, if you click on it you will be given some questions

I love that its free.
I paid $600 for this nonsense schooling :P

well, just watch the intro video at the homepage of http://www.khanacademy.org/#browse

yea, but it depends on a problem and scenario, believe me, my text book uses 365

I read banks use 360 and the federal reserve uses 365

So, again, where are these thumbs up fan buttons?

just click"become a fan" next to the screen name its in blue

it is the blue "Become a fan" button

do you see it?

Im gussing my adblocker is hiding it

but it is not a big deal anyways =D just a game :)

is it inline on this page, or supposed to be in the info that appears on hover?

Oh ok, odd
says im a lifesaver?

today, yours should say sanity saver

it is simply cool, MILLIONS use it, just watch the intro vid, and you will be hooked

http://www.khanacademy.org/#Calculus