Translate the Given Formula to an English Phrase Using the Word

question 131

Short Answer

Translate the given formula to an English phrase using the word "varies".
- $\mathrm { I } = \mathrm { PRT }$ , where $\mathrm { I }$ is the simple interest on a principal of $\mathrm { P }$ dollars invested for $\mathrm { T }$ years at an interest rate of $\mathrm { R }$ per year

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Definitions:

Self-Esteem

A reflection of one's overall subjective emotional evaluation of their own worth.

Unanimous

Agreement by all people involved; a situation where everyone shares the same opinion or decision.

Normative Social Influence

External social pressures that drive us to adjust ourselves in efforts to be embraced and approved by others.

Group Polarization

The phenomenon where a group of individuals tends to make decisions that are more extreme than the initial inclination of its members.