What is the formula for Amount?
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Answer: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. Where r is in decimal form; r=R/100; r and t are in the same units of time.
Step-by-step explanation:
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Answer:
S.I:
Amount=Interest + Principal
C.I:
Amount=P(1+R/100)^n
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