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time(t)= interest/rate , princaple
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∙ 12y ago
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Find the formula of simple interest?
the formula for simple interest is I=PRT (interest=principal x rate x time )
What is the Formula for simple interest rate?
The answer for rate in simple interest is =rate= simple interest\principle*time
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.
How do you find the time for principal and rate?
If you are working on simple interest you have to write the equation I=p. r.t
How do you do interest rate 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!
How do you calculate simple interest earned?
simple interest = principle (money) times the rate times the time
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!
What is the simple interest on 642 for 7 years at 11 percent per annum?
$494.34 Interest= principal amount * time* simple interest %
How do you find the original investment when given the time and interest?
Not enough information. You also need to know: * The final amount of money * Whether simple or compound interest is known
How do you do simple interest?
I=PRT I=Interest P=Pecuniary(money) R= Rate(interest) T= Time
Solve simple investment problems using the simple interest rate method?
find the interest on $4000 at 3.5% annual interest for 1 year 6 months
How does simple interest work?
Multiply together the capital, the interest rate (as a fraction) and the number of periods to find out the interest.
