Question

translate the sentence into an equation or formula. simple interest i is computed by finding the product of the principal amount p, the interest rate r, and the time t.

Explanation:

Step1: Identify key terms

Simple interest: $I$, principal: $p$, rate: $r$, time: $t$

Step2: Define "product" operation

Product means multiplication ($\times$)

Step3: Construct the equation

$I = p \times r \times t$

Answer:

$I = p \times r \times t$