How to Calculate Simple Interest in Excel
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2 سال پیش
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This finance Excel video shows
This finance Excel video shows how to calculate the simple interest on a loan. It is important to note that simple interest does not include the effects of compounding and is given by the formula I = Prt
Where I = interest amount, P = principal amount, r = rate of interest per year, and t = time period which should be the same units as r.
Where I = interest amount, P = principal amount, r = rate of interest per year, and t = time period which should be the same units as r.
2 سال پیش
در تاریخ 1401/03/06 منتشر شده
است.
4,990
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