Answer :
I=Prt
substitute values of 1 and 2 for t and compare
I=Pr(1)
I=Pr(2)
Simple interest is directly proportional to the amount of time in the term of investment. Multiplying by two does in fact make the interest twice as large.
substitute values of 1 and 2 for t and compare
I=Pr(1)
I=Pr(2)
Simple interest is directly proportional to the amount of time in the term of investment. Multiplying by two does in fact make the interest twice as large.