Respuesta :
Step-by-step explanation:
The interest charge on a loan
It's found by using the formula
A=P(1+rt)
A-Final amount
P-initial price
r-annual interest rate (in decimal form)
t-time in years
Answer:
Use this simple interest calculator to find A, the Final Investment Value, using the simple interest formula: A = P(1 + rt) where P is the Principal amount of money to be invested at an Interest Rate R% per period for t Number of Time Periods. Where r is in decimal form; r=R/100; r and t are in the same units of time.