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formula of simple interest prt100. Simple Interest Formulas and Calculations. Using the formula for simple interest the equation appears as I 30000 x 03 x 5.
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Using the formula for simple interest the equation appears as I 30000 x 03 x 5. Principal x rate x time interest For example say you invest 100 the principal at a 5 annual rate for one year. The main formula to calculate the simple interest is the same.
Principal x rate x time interest For example say you invest 100 the principal at a 5 annual rate for one year.
I know this is simple interest rearrange this formula to make p the subject i got 1x100 PRT 1x100divided by R PT 1x100divided by R divided by T P so basically 100divided by RT is this. Using the formula for simple interest the equation appears as I 30000 x 03 x 5. Formula of SI P X T X R 100. Find the interest and the amount he has to the pay at the end of a year.
