Tell me formula of simple interest????
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1
Answer:
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....
Answered by
1
Answer:
I = prt/100
is the formula for simple intrest.
where
p = principal
r = rate of interst
t = number of time.
And
I = Interest.
hope it will help u.
thank.u.
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