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how to calculate simple interest khan academy. Simple Interest Calculator A P 1 rt r R100 3875100 003875 per year. Simple interest can be calculated using a formula The formula is then presented in its most common form.
It is a little more complicated than simple interest but this course explains the concept clearly and covers the methods used for calculating compound interest. Compounding interest multiple times a yearWatch the next lesson. Lets go to 3 years.
Created by Sal KhanWatch the next lesson.
Simple Interest Calculator A P 1 rt r R100 3875100 003875 per year. Compound interest is interest calculated on the initial principal which also includes all of the accumulated interest of previous periods of a deposit or loan. Simple Interest Calculator A P 1 rt r R100 3875100 003875 per year. Simple interest is money paid or earned only on the principal.