i=prt FACT: If an annual interest rate is given, time in the simple interest formula must be expressed in terms of years.
The answer for rate in simple interest is =rate= simple interest\principle*time
Annual Interest Rate divided by 12= Monthly Interest Rate
P(r/100)^2
I = prt where I = interest, p = principal, r = rate. and t = time in years.
There is no carrot in the compound interest formula!
The formula for simple interest is: A=P(1+rt)
the formula for simple interest is I=PRT (interest=principal x rate x time )
imputed interest
It depends on which compound interest formula you mean. Refer to the Wikipedia Article on "Compound Interest" for the correct terminology.
i=prt FACT: If an annual interest rate is given, time in the simple interest formula must be expressed in terms of years.
Times Interest Earned = Operating Income/ Interest Expense.
The answer for rate in simple interest is =rate= simple interest\principle*time
In calculating for the interest, please use the formula below:I = PRTwhere I stands for InterestP for principalR for rate; andT for time
operating income vefore interest and income taxes / annual interest expense
Annual Interest Rate divided by 12= Monthly Interest Rate
P(r/100)^2