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Kako izračunati Simple Interest

Kaj 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.

Navodila po korakih

  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

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

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