I = (P x T x R)/100
There is no carrot in the compound interest formula!
the formula for simple interest is I=PRT (interest=principal x rate x time )
Times Interest Earned = Operating Income/ Interest Expense.
The answer for rate in simple interest is =rate= simple interest\principle*time
It depends on which compound interest formula you mean. Refer to the Wikipedia Article on "Compound Interest" for the correct terminology.
i=prt FACT: If an annual interest rate is given, time in the simple interest formula must be expressed in terms of years.
You use the PRI formula
Annual Interest Rate divided by 12= Monthly Interest Rate
operating income vefore interest and income taxes / annual interest expense
The formula used to calculate your interest is the principle balance, multiplied by the monthly interest rate. Then you mulitply that by the number of months in which you last paid interest.
interest=principal times rate times time
There are two types of interest used in finance: Compound Interest and Basic Interest. Basic Interest is paid once at the end of the earning period. Compound interest is added at set intervals throughout the earning period, which allows the investor to earn interest on their interest.
ip = r2t
Interest = Rate x Principal x Time
Interest is found using the formula: PRT/100 = PxRxT/100. the answer is then divided by 100.
I = prt where I = interest, p = principal, r = rate. and t = time in years.
I= Prt I=interest P=principal r=rate t=time
The formula to calculate interest is as follows: Interest = Principal * No. of years * Rate of Interest / 100 So Interest = 10000 * 0.5 * 8 / 100 = 400/- The interest you will receive interest at the end of the 6 month period is Rs. 400/-
In calculating for the interest, please use the formula below:I = PRTwhere I stands for InterestP for principalR for rate; andT for time
Formula for times interest earned = earning before interest and tax / interest expense Times interest earned = 32000 / 8000 = 4 times