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Gde 2r 2020-2024

Gde 2r Word 2020-2024 Form

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Instructions and help about gde 2r application form

So let's generalize a bit what we learned in the last presentation. Let's say I'm borrowing P dollars. P dollars, that's what I borrowed so that's my initial principal. So that's principal. r is equal to the rate, the interest rate that I'm borrowing at. We can also write that as 100r%, right? And I'm going to borrow it for-- well, I don't know-- t years. Let's see if we can come up with equations to figure out how much I'm going to owe at the end of t years using either simple or compound interest. So let's do simple first because that's simple. So at time 0-- so let's make this the time axis-- how much am I going to owe? Well, that's right when I borrow it, so if I paid it back immediately, I would just owe P, right? At time 1, I owe P plus the interest, plus you can kind of view it as the rent on that money, and that's r times P. And that previously, in the previous example, in the previous video, was 10%. P was 100, so I had to pay $10 to borrow that money for a year, and I had to

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