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Earn +20 ptsQ: How do you draw an algorithm to find the simple interest?
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Continue Learning about Math & Arithmetic
The difference between the simple and compound interest on a certain sum is Rs250 for two years at 5 percent Pa per annum Find the sum?
simple interst is when you earn interest from your principal but compound interest is when you earn interest from your principal as well as from your previous interest
How do you find simple interest rate?
P*r*t divided by 100
How are the expanded algorithm and the standard algorithm are alike?
expanded is longer standerd is just regular partial products to find like standerd means simple your level. expanded means longer to stretch, or 2 make big.
How do you solve interest rate math problems?
First you figure out the Principal, then you find the interest rate and then find the Time someone gave you to pay back loaned or borrowed money.Formula: Simple Interest= Principal*Rate*TimeExample: Principal-$25,000 Interest Rate- 6.25 simple interest- 6 years$25,000 x .0625 x 6= $9375!
Which equation could you use to find the nth term of a simple interest sequence?
345
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