write the formula for finding simple interest.
Answers
Answered by
1
Answer:
A = P(1 + rt)
Step-by-step explanation:
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
3
Answer:
P :- Principle
R :- Rate of interest (%)
T :- Time (Duration)
A :- Amount (total money)
SI :- Simple interest (extra money)
Step-by-step explanation:
Simple interest formula - SI = (P x R x T) / 100
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