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What Is The Fastest Way To Calculate Interest?
= P × R × T, where P = Principal, R = Rate of Interest in % per annum, and T = Time, usually calculated as the number of years. The rate of interest is in percentage r% and is to be written as r/100. Principal: The principal is the amount that initially borrowed from the bank or invested. The principal is denoted by P.
How to Calculate Interest Rates (The Easy Way)
Calculating
Simple Interest Formula
It explains
GCSE Maths - How to Calculate Simple Interest #95
This video covers
