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Jak vypočítat Simple Interest

Co je Simple Interest?

Simple interest is calculated only on the original principal, not on accumulated interest. It grows linearly with time, unlike compound interest which grows exponentially.

Průvodce krok za krokem

  1. 1Interest I = P × r × t
  2. 2Total amount A = P + I = P(1 + rt)
  3. 3r must be in decimal form (5% = 0.05)
  4. 4t must be in years

Worked Examples

Vstup
$1,000 at 5% for 2 years
Výsledek
$100 interest
A = $1,100
Vstup
$500 at 3% for 18 months
Výsledek
$22.50 interest
t=1.5 years

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