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what is the formula for finding the rate of a simple interest. The simple interest formula allows us to calculate I which is the interest earned or charged on a loan. How to calculate a simple interest rate.
Practice Calculating Simple Interest With Free Worksheets Simple Interest Word Problem Worksheets Math Worksheets from www.pinterest.com
Where SI simple interest. Identify the formula to calculate the simple interest Recognize the two different formulas used to solve for future value. P Principal Amount.
I 100000 5 5.
R r 100. P Principal Amount. I Interest Amount. You can download this Interest Rate Formula Excel Template here Interest Rate Formula Excel Template.
