right
formula of amount
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The RIGHT function in Excel returns the specified number of characters from the end of a text string. Where: Text (required) - the text string from which you want to extract characters. Num_chars (optional) - the number of characters to extract, starting from the rightmost character.
Step-by-step explanation:
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Formula for Simple Interest. Simple interest is calculated by multiplying the interest rate by the principal amount and the time period which is generally in years.
Step-by-step explanation:
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=R/100; r and t are in the same units of time.
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