Question

How to calculate simple interest

Answer 1

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Use this simple interest calculator to find A, the Final Investment Value, using thesimple 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. Where r is in decimal form;

=R/100; r and t are in the same units of time.

Answer 2

Answer:

Hi, this is how to calculate simple interest (SI).

Hope you like the answer and it is correct.

Step-by-step explanation: