SI P R T 100. A P1 rt 100001 00758 16000. Amount Principal Simple Interest Amount Principal Simple Interest.
When the amount of interest the principal and the time period are known you can use the derived formula from the simple interest formula to determine the rate as follows.
Let us plug these values in the above formula. When the amount of interest the principal and the time period are known you can use the derived formula from the simple interest formula to determine the rate as follows. I Simple interest dollars. Interest calculated as a percent of the original loan.