0
What else can I help you with?
How do you find total amount if principle rater of interest months and interest is given?
To find the total amount, you can use the formula: Total Amount = Principal + Interest. First, calculate the interest using the formula: Interest = Principal × Rate × Time (in months/12). Then, add the interest to the principal to get the total amount.
how do you calculate the interest rate when principal amount and maturity value are given?
To calculate the interest rate when the principal amount and maturity value are given, you can use the formula: [ \text{Interest Rate} = \left( \frac{\text{Maturity Value} - \text{Principal}}{\text{Principal}} \right) \times \frac{1}{t} ] where ( t ) is the time period in years. Rearranging this, you can find the interest earned and then divide by the principal and the time to get the annual interest rate.
How do you calculate principal and interest when amountrate of interest and time period is given?
The amount, P, is the principal. If the rate is r% compounded annually for y years, then the total interest earned is P*[(1 + r/100)^y - 1]
What is given by the formula you equals prt?
The formula ( A = P + I ) or ( A = P(1 + rt) ) is often represented in the context of simple interest, where ( A ) is the total amount of money accumulated after a certain time, ( P ) is the principal amount (the initial sum of money), ( r ) is the annual interest rate (in decimal), and ( t ) is the time the money is invested or borrowed for, in years. The term ( I = prt ) represents the interest earned over that time period. Thus, this formula is used to calculate how much interest will be earned or owed on a principal amount over a specified period.
Does an increase of 4 percent in the interest rate result in a 4 percent increase in the total interest paid?
Not usually. A "4 percent increase in the interest rate" usually means that there is some reference interest rate of x percent that is increased to 4 + x percent. This means that the interest paid increases from x percent of the principal to 4 + x percent of the principal. Therefore, the interest paid increases by 100 (4/x) %. For example, if a recent Federal funds rate of 1 % in the United States were to be increased by 4 %, the interest paid on any given amount of principal would increase by 400 %!
How do you find total amount if principle rater of interest months and interest is given?
To find the total amount, you can use the formula: Total Amount = Principal + Interest. First, calculate the interest using the formula: Interest = Principal × Rate × Time (in months/12). Then, add the interest to the principal to get the total amount.
how do you calculate the interest rate when principal amount and maturity value are given?
To calculate the interest rate when the principal amount and maturity value are given, you can use the formula: [ \text{Interest Rate} = \left( \frac{\text{Maturity Value} - \text{Principal}}{\text{Principal}} \right) \times \frac{1}{t} ] where ( t ) is the time period in years. Rearranging this, you can find the interest earned and then divide by the principal and the time to get the annual interest rate.
How do you calculate principal and interest when amountrate of interest and time period is given?
The amount, P, is the principal. If the rate is r% compounded annually for y years, then the total interest earned is P*[(1 + r/100)^y - 1]
Write a program to find simple interest in perl?
Here's a simple Perl program to calculate simple interest: use strict; use warnings; sub simple_interest { my ($principal, $rate, $time) = @_; return ($principal * $rate * $time) / 100; } my $principal = 1000; # Example principal amount my $rate = 5; # Example interest rate my $time = 2; # Example time in years my $interest = simple_interest($principal, $rate, $time); print "Simple Interest: $interest\n"; This program defines a function to calculate simple interest and then prints the result for given principal, rate, and time values.
How do you calculate Interest rate if loan amount and monthly payments and loan amount is given?
17k 300 per month
What is given by the formula you equals prt?
The formula ( A = P + I ) or ( A = P(1 + rt) ) is often represented in the context of simple interest, where ( A ) is the total amount of money accumulated after a certain time, ( P ) is the principal amount (the initial sum of money), ( r ) is the annual interest rate (in decimal), and ( t ) is the time the money is invested or borrowed for, in years. The term ( I = prt ) represents the interest earned over that time period. Thus, this formula is used to calculate how much interest will be earned or owed on a principal amount over a specified period.
How can you write a complete fortran program to calculate a simple interest siprt100 given principal rate and time?
Solve simple intress usin fortran
Write a c-program to compute compound interest after accepting the principal amount rate and time from user?
#this program to calculate princple amount using perl. print "enter the amount given;","\n"; $A=<stdin>; print "enter the rate of interst given;","\n"; $R=<stdin>; print "enter the no of years given;","\n"; $Y=<stdin>; $o=1+$R; $e=$o**$Y; $t=1/$e; $f=1-$t; $p= $A*$f; print "princple amount $p";
How do you calculate how much interest rate should be given for 6 month saving deposit?
I calculate the interest rate should be given for 4 month saving deposit
Is the simple interest on 2000 for 2 years is 320 then what is the interest rate?
To calculate the interest rate, we can use the formula for simple interest: I = P * r * t, where I is the interest, P is the principal amount (2000 in this case), r is the interest rate, and t is the time in years (2 years). Given that the interest is $320, we can plug in the values to solve for r: 320 = 2000 * r * 2. Solving for r, we get r = 320 / (2000 * 2) = 0.08, or 8%. Therefore, the interest rate is 8%.
How do you calculate investment amount that compounds quarterly?
The quarterly compound interest of a principle can be given by A=P(1+(r/n))^.25t. Here P is the principle, A is the amount and t is the time taken.
Does an increase of 4 percent in the interest rate result in a 4 percent increase in the total interest paid?
Not usually. A "4 percent increase in the interest rate" usually means that there is some reference interest rate of x percent that is increased to 4 + x percent. This means that the interest paid increases from x percent of the principal to 4 + x percent of the principal. Therefore, the interest paid increases by 100 (4/x) %. For example, if a recent Federal funds rate of 1 % in the United States were to be increased by 4 %, the interest paid on any given amount of principal would increase by 400 %!
