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Kā aprēķināt Simple Interest

Kas ir 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.

Soli pa solim ceļvedis

  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

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

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