p = principal ie amount invested;
r = annual rate of interest;
t = time in years.
interest receivable = (p x t x r)/100
Suppose the amount invested (or borrowed) is K, Suppose the rate of interest is R% annually, Suppose the amount accrues interest for Y years. Then the interest I is 100*K[(1 + R/100)^Y - 1]
A=Pe^rt A=Total Invested P=Principal r=Rate t=time
If the rate of annual interest is r% the period is n years and the amount invested is y Then the compound interest is y*(1+r/100)^n - y
The "principal" is the sum of money invested or borrowed, before interest or other revenue is added, or the remainder of that sum after payments have been made. In math, this applies to finance.
$2,500 is your answer
Principal.
Take the annual interest rate, divide it by 2 and multiply it by the amount you invested or borrowed.
Multiply the principal (P) by the annual* interest rate as a decimal (r) and the time in years* (t). *The time period may be expressed in months, etc. For example, $2000 invested at 7% simple interest for 5 years: I = Prt = 2000x0.07x5 = 140x5 = $700.
The noun 'interest' is a singular, common, abstract noun; a word for a desire to know or learn; a right, title, or legal share of something; a charge for borrowed money or the profit made on invested capital.
Suppose the amount invested (or borrowed) is K, Suppose the rate of interest is R% annually, Suppose the amount accrues interest for Y years. Then the interest I is 100*K[(1 + R/100)^Y - 1]
A=Pe^rt A=Total Invested P=Principal r=Rate t=time
principal
If the rate of annual interest is r% the period is n years and the amount invested is y Then the compound interest is y*(1+r/100)^n - y
The amount of a loan or investment that does not include interest. It's the amount borrowed, or the amount currently owed in a loan (including mortgages) and the amount invested (for investments.)
The amount of a loan or investment that does not include interest. It's the amount borrowed, or the amount currently owed in a loan (including mortgages) and the amount invested (for investments.)
The noun 'interest' is a word for a desire to know or learn; a right, title, or legal share of something; a charge for borrowed money or the profit made on invested capital. Example: "I have great interest in meeting the needs of my family"
The "principal" is the sum of money invested or borrowed, before interest or other revenue is added, or the remainder of that sum after payments have been made. In math, this applies to finance.