You use the PRI formula
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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
The Google Sheets interest formula is PMT(rate, nper, pv). This formula can be used to calculate the interest on a loan or investment by inputting the interest rate (rate), the number of periods (nper), and the present value (pv) of the loan or investment. The result will be the periodic payment needed to pay off the loan or the interest earned on the investment.
operating income vefore interest and income taxes / annual interest expense
Annual Interest Rate divided by 12= Monthly Interest Rate