The expression I/PT represents the rate of interest beingcharged if a loan of P dollars for T years required I dollarsin interest to be paid. Find the interest rate if a $650 loanfor 3 years to buy a used IBM personal computer requires$126.75 in interest to be paid.
Percentage
A percentage is a number indicated as a fraction of 100. It is a dimensionless number often expressed using the symbol %.
Algebraic Expressions
In mathematics, an algebraic expression consists of constant(s), variable(s), and mathematical operators. It is made up of terms.
Numbers
Numbers are some measures used for counting. They can be compared one with another to know its position in the number line and determine which one is greater or lesser than the other.
Subtraction
Before we begin to understand the subtraction of algebraic expressions, we need to list out a few things that form the basis of algebra.
Addition
Before we begin to understand the addition of algebraic expressions, we need to list out a few things that form the basis of algebra.
The expression I/PT represents the rate of interest being
charged if a loan of P dollars for T years required I dollars
in interest to be paid. Find the interest rate if a $650 loan
for 3 years to buy a used IBM personal computer requires
$126.75 in interest to be paid.
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