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How Do I Calculate Simple Interest?
Simple interest is calculated with the following formula: S.I. = P × R × T, where P = Principal, R = Rate of Interest in % per annum, and T = Time, usually calculated as the number of years. The rate of interest is in percentage r% and is to be written as r/100.
Simple Interest Formula
This math video tutorial explains how to use the
GCSE Maths - How to Calculate Simple Interest #95
This video covers how to
How to Calculate Simple Interest
AN EASY GUIDE TO UNDERSTANDING INTEREST! Learn #howto
