Mathematics, 04.07.2019 19:30 zahradawkins2007

Suppose a creditor offers you an agreement where the infest accrues as follows: i=prt, where i is interest owed ($), p is the amount borrowed, r is the yearly interest rate (%) , and t is time (years). what is the mathematical relationship between i and r? between i and t? if you’re the borrower , why are these relationships important to you ?

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