Question

formula of the simple interest
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Answer 1

Simple Interest Formulas and Calculations: Use this simple interest calculator to find A, the Final Investment Value, using the simple interest formula: A = P(1 + rt) where P is the Principal amount of money to be invested at an Interest Rate R% per period for t Number of Time Periods.

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Answer 2

Answer:

A=P(1+rt)

A = final amount

p= initial principle balnce

r= annual interest

t= time (in years)

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