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Q: How do you draw an algorithm to find the simple interest?
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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.


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the formula for simple interest is I=PRT (interest=principal x rate x time )


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Multiply together the capital, the interest rate (as a fraction) and the number of periods to find out the interest.


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