i = $125
r = 6%
t = 1
What is p?
$56.25
$2,027.08
$2,083.33

i = $125
r = 6%
t = 1
What is p?
$56.25
$2,027.08
$2,083.33

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What is the question asking you to do?

What do the letters i,r,t represent?
and what is the formula they are typically used in?

multiplication

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