formulae of simple interest
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simple interest=prt/100
where p is principal,r is rate of interest and t is time
Step-by-step explanation:
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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.
Step-by-step explanation:
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