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How Do You Calculate Simple Interest Example?
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.
HOW TO FIND SIMPLE INTEREST
In this video,you will learn how to find
Simple Interest Formula
This math video tutorial explains how to use the
Simple Interest Tutorial
What about when time isn’t given in years? If time is given in months, divide by 12 to get it in years. If time is given in weeks, divide …
