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Simple Interest
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Game Code: 1788593
English
10
Public
NGPF
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a part of the full price paid at the time of purchase or delivery with the balance to be paid later
principal
interest
down payment
15
What is our coping skill of the day?
vary
15
name one of the top websites used car buyers visit to research and shop
vary
15
What is the formula to calculate simple interest?
I=P * R * T
I=P - R
15
T = Time, usually calculated as the number of years
True
False
15
R = Rate of Interest in %
False
True
15
P = Principal (amount borrowed)
True
False
15
Your monthly car payment does not include interest
False
True
15
Your interest rate is affected by your credit score
True
False
15
Interest is the amount it will cost you to borrow money
False
True
15
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