Interest = Principal × Rate Divided by the Time

question 9

True/False

Interest = principal × rate divided by the time.

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Definitions:

Experimental Methods

Research strategies involving the manipulation of one variable to determine its effect on another variable, within a controlled environment, to establish cause-and-effect relationships.

Randomly Assign

The process of distributing participants in a study into different groups using random methods to ensure that each participant has an equal chance of being assigned to any group.

Variable

A characteristic or quantity that can vary or change within a study, research, or mathematical model.

Conditions

General states or situations in which something occurs or has an effect.