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  • 20-11-2020
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WHAT IS A CALCULATED INTEREST RATE

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  • 20-11-2020

Answer:

Use this simple interest calculator to find A, the Final Investment Value, using the simple interest formula: A = P(1 + rt) where P is the Principal amount of money to be invested at an Interest Rate R% per period for t Number of Time Periods. Where r is in decimal form; r=R/100; r and t are in the same units of time.

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