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What else can I help you with?
What is the formula to calculate the period of a wave?
you find the formula... then you calculate it. Its that simple.
Suppose you invest 1200 in four years You earned 312 in simple interest What is the interest rate?
6.5%Formula for finding Simple InterestSI [Interest] = (P×R×T)/100P [sum] = (SI×100)/(R×T)R [Rate/year] = (SI×100)/(P×T)T [Time] = (SI×100)/(P×R)whereS.I. = Simple Interest,P = Principal or Sum of amount,R = % Rate per annum,T = Time Span
How do you calculate simple interest earned?
simple interest = principle (money) times the rate times the time
What types of functions are used to model both types of simple interest and compound interest?
f(x)= mx+b for simple interest t(n)= abx for compound interest
What is the difference between a simple interest and compound interest?
Simple interest is obtained where you take the interest every year/set period as opposed to compund interest where interest is calculated on the previous answer.For Example: Adding 10% Interest, Starting With 100.Simple: 100, 110, 120, 130...Compund: 100, 110, 121, 133.1...
what is the formula of simple interest?
The formula for simple interest is: A=P(1+rt)
What is the Formula for simple interest rate?
The answer for rate in simple interest is =rate= simple interest\principle*time
How is the formula for simple interest used?
PxRxT 100
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.
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 difference between simple interest and compound interest?
P(r/100)^2
Where can I find a simple interest calculator online?
There are many simple interest calculators online that you can find. I found the one at http://easycalculation.com/simple-interest.php to be simple and accurate.
How do you find the simple interest?
To find simple interest, you can use the formula: ( \text{Interest} = P \times r \times t ), where ( P ) is the principal amount (the initial sum of money), ( r ) is the annual interest rate (as a decimal), and ( t ) is the time the money is invested or borrowed for, in years. Multiply these three values together to calculate the total interest earned or paid over that period.
Who invented the simple interest formula?
The first money lender, of course!
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
How do you calculate principal?
To calculate the principal, you need to rearrange the formula for simple interest or compound interest, depending on the context. For simple interest, the formula is (I = P \times r \times t), where (I) is the interest earned, (r) is the interest rate, and (t) is the time. To find the principal (P), you can rearrange it to (P = \frac{I}{r \times t}). For compound interest, you would typically use the formula (A = P(1 + r/n)^{nt}) and solve for (P) by rearranging it to (P = \frac{A}{(1 + r/n)^{nt}}), where (A) is the total amount after interest.
