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Simple Interest Formula

Također poznat kao: Basic Interest Formula

I = P \times r \times t
I = P × r × t

Što izračunava

Calculates interest earned on the original principal only — interest does not compound.

varijable

SimbolImeOpis
IInterestTotal interest earned or paid
PPrincipalThe initial amount
rAnnual RateAnnual interest rate as a decimal
tTimeTime period in years

Radni primjeri

1I = 1000 × 0.06 × 3
2I = $180
Proizlaziti: $180

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