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Kuinka laskea Simple Interest

Mikä on 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.

Vaiheittainen opas

  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

Ratkaistut esimerkit

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

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