please help me with these please
If the rate is given as a percent (%). Before using it in the simple interest formula, you must first convert it to a______. *
*answer choices*
fraction
ratio
decimal
dollar amount
The simple interest formula is I=Prt. The P represents the principal. The principal is ___________________. *
*answer choices*
the initial amount of money
the percent interest for his year
the rate
the percent proportion
What does the "I" in the interest formula stand for? *
*answer choices*
Incredible
Impossible
Interest
Isosceles