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how do you calcualte simple interesy

 Dec 10, 2018

Best Answer 

 #1
avatar+18754 
+2

P ( i) t        

  P = principal (or amount of deposit)    i = annual  interest in decimal (ex: 2%  would be i = .02)   t = time in years

 Dec 10, 2018
 #1
avatar+18754 
+2
Best Answer

P ( i) t        

  P = principal (or amount of deposit)    i = annual  interest in decimal (ex: 2%  would be i = .02)   t = time in years

ElectricPavlov Dec 10, 2018

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