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Time Value of Money

Q: What is the term for the relationship among principle interest rate and time?

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The answer for rate in simple interest is =rate= simple interest\principle*time

18.90currency as an interest..

The interest is 300% per year.

The rate of change is the same as the slope.

Rate= Interest/Principle x Time. For Example.... Camilla borrowed $2000,(That's the principle),the interest is $4,000 her year was 3, and it was 4% each year,(.04) Explanation.... $2000 x 3 = $6000...$4000 divided by $6000 = .7 (If you round it). The rate= .7

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The answer for rate in simple interest is =rate= simple interest\principle*time

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.

18.90currency as an interest..

18.90 as an interest. and principle wil remain same.

I=prt Switch the principle with the interest. Then work the equation out.

An effective annual interest rate considers compounding. When the principle is compounded multiple times each year the interest rate increased to be more than the stated interest rate. The increased interest rate is the effective annual interest rate.

#include<iostream.h> #include<conio.h> Class interest { Private: Float principle, time, rate, interest; Public: Interest (); Interest (float, float, float); Void display (); }; Interest:: interest () { Interest =0; Principle = 0; Time=0; Rate=0; } Interest:: Interests (float p, float t, float r) { Principle=p; Time=t; Rate=r; Interest=0; } Void interest:: display () { Interest = (principle * time * rate) /100; Cout<<"\n interest="<<interest; } Void main () { Float p, t, r; Cout<<"\n enter the principle, time, rate"; Cin>>p>>t>>r; Interest obj (p, t, r); Obj.dispay (); getch (); }

It is a fixed rate of simple interest.

Interest=Principle times rate times time

Interest=Principle times rate times time

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.

simple interest = principle (money) times the rate times the time