Write the formula to find out the simple interest of an amount
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Answered by
1
Hey Mate
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.
Anonymous:
PRT/100
Answered by
4
Hey mate!
Simple Interest (I) = PRT/100
where P is principal of amount, R is rate per period of time and T is time
Hope this helps ✌
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