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Q: In the formula for calculating interest the principal is multiplied by the rate and then multiplied by the .?
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In the formula for calculating interest the principal is multiplied by the rate and then multiplied by the?

time


Where can find the simple mathematical formula for calculating interest?

You need to know the principal amount, the rate and the time. Then a very simply formula for calculating interest is I = PRT where P is the principal amount, R is the interest rate and T is the period of time in years.


Which of these is the correct formula for calculating interest on a loan?

interest = prinsciabl x rate x time


Formula for calculating compound interest?

P*(1+R/100)powerT where P= money borrowed or principal and R= rate in percent and T= time * * * * * Actually, this formula gives the value of the principal PLUS interest. You need to subtract P from the answer to get the compounded interest.


Find the formula of simple interest?

the formula for simple interest is I=PRT (interest=principal x rate x time )


What is the maths formula for compound interest?

principal - Pinterest - Irate % - Rtime - Tamount -ATHE FORMULA FOR CALCULATING INTERESTI = P * R* T---------100A = P + IA = P * R* T---------100i.e., A = P[ 1 + RT]--------100FOR COMPOUND INTEREST:C.I = final amount - original principal= amount - principal


What is the formula for calculating interest coverage ratio?

operating income vefore interest and income taxes / annual interest expense


What is the mathematical formulae for calculating a trifecta dividend?

The mathematical formula for calculating a trifecta dividend is trifecta equals the first three getters multiplied together.


What is the formula to calculate interest?

In calculating for the interest, please use the formula below:I = PRTwhere I stands for InterestP for principalR for rate; andT for time


What is the formula for calculating area of parallelograms?

Base multiplied to the perpendicular height. A = b X h


What is the Simple Interest Formula?

I = prt where I = interest, p = principal, r = rate. and t = time in years.


What is the formula for simple annual interest?

I= Prt I=interest P=principal r=rate t=time