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The basic formula for computing interest on an interest-bearing note is face value of note x annual interest rate x time in terms of one year equals Interest?
Wiki User
∙ 12y ago
(Face Value of Note) x (Annual Interest Rate) x (Time in Terms of One Year) = Interest
Wiki User
∙ 12y ago
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The formula for computing interest on a note is principal of the note times the annual interest rate times time expressed in years?
I = (P x T x R)/100
WHAT does the carrot in the formula for compound interest means?
There is no carrot in the compound interest formula!
How do you solve compound interest formula for n?
It depends on which compound interest formula you mean. Refer to the Wikipedia Article on "Compound Interest" for the correct terminology.
What is the simple interest the rate if the interest is 1210 the principle is 15000 and the time is 11 months?
The formula for interest is I = rtP. Then r = I/tP, where t = 11/12. This calculates to a simple interest rate of 8.8 percent.
What is the formula for a simple compound interest rate?
Simple Interest = p * i * n p is principle and i is interest rate per period and n is the number of periods. A = P(1 + r)n is for compound interest.
The formula for computing interest on a note is principal of the note times the annual interest rate times time expressed in years?
I = (P x T x R)/100
WHAT does the carrot in the formula for compound interest means?
There is no carrot in the compound interest formula!
what is the formula of simple interest?
The formula for simple interest is: A=P(1+rt)
Find the formula of simple interest?
the formula for simple interest is I=PRT (interest=principal x rate x time )
What is the basic imputed interest formula?
imputed interest
How do you solve compound interest formula for n?
It depends on which compound interest formula you mean. Refer to the Wikipedia Article on "Compound Interest" for the correct terminology.
What is the formula for finding interest?
i=prt FACT: If an annual interest rate is given, time in the simple interest formula must be expressed in terms of years.
What is the formula for times interest earned ratio?
Times Interest Earned = Operating Income/ Interest Expense.
What is the Formula for simple interest rate?
The answer for rate in simple interest is =rate= simple interest\principle*time
What is formula for interest?
You use the PRI formula
What is the formula to calculate monthly interest rate if the annual interest rate is known?
Annual Interest Rate divided by 12= Monthly Interest Rate
What is the formula for calculating interest coverage ratio?
operating income vefore interest and income taxes / annual interest expense
