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What else can I help you with?
Mathematically how do you find interest?
To calculate interest, you must first know the principle amount, the time of the term of the loan or investment, and the rate or percentage at which the principle amount grows. Once you have all three components, you then multiple the principle by the rate and then by the time.
How do you find total amount if principle rater of interest months and interest is given?
To find the total amount, you can use the formula: Total Amount = Principal + Interest. First, calculate the interest using the formula: Interest = Principal × Rate × Time (in months/12). Then, add the interest to the principal to get the total amount.
How do you find principle in math?
I=prt Switch the principle with the interest. Then work the equation out.
Which formula determines the interest amount on a loan?
Current (principle balance) x (interest rate per year) x (amount of time). Examples: ~for calculating monthly interest, it would be (principle balance) x (interest rate) / 12. ~for daily interest, it would be (principle balance) x (interest rate) / 365.
How do you calculate the compound interest rate?
A= Principle amount(1+ (rate/# of compounded periods))(#of compounding periods x # of years)
Is the amount of the loan plus the interest?
Typically, this is called "Principle and Interest" (or P&I). If the taxes and insurance is added to this, it is known as PITI. The actual amount depends on many factors, including the principle amount, the interest rate, and the length of the loan.
What it is the amount of loan plus interest?
Typically, this is called "Principle and Interest" (or P&I). If the taxes and insurance is added to this, it is known as PITI. The actual amount depends on many factors, including the principle amount, the interest rate, and the length of the loan.
How do you find interest?
I=prt means i=principle x rate x time
What is a set percentage of the deposit amount that will be given to the depositor?
interest rate
Term for how fast you can do a given amount of work?
The rate at which you can do it . . . strength, stamina, staying powerThe rate at which you do it . . . . . . power
What does birth rate and death rate mean?
Birth rate is the amount of baby's per 1000 people living in a given area
Where can one find out what the prime rate is on any given day?
One can find out what the prime rate is on any given day by going to the Fed Prime Rate website. The website has up to date information on what the prime rate is.
