#include<iostream.h>
#include<conio.h>
Class interest
{
Private:
Float principle, time, rate, interest;
Public:
Interest ();
Interest (float, float, float);
Void display ();
};
Interest:: interest ()
{
Interest =0;
Principle = 0;
Time=0;
Rate=0;
}
Interest:: Interests (float p, float t, float r)
{
Principle=p;
Time=t;
Rate=r;
Interest=0;
}
Void interest:: display ()
{
Interest = (principle * time * rate) /100;
Cout<<"\n interest="<<interest;
}
Void main ()
{
Float p, t, r;
Cout<<"\n enter the principle, time, rate";
Cin>>p>>t>>r;
Interest obj (p, t, r);
Obj.dispay ();
getch ();
}
There are many simple interest calculators online that you can find. I found the one at http://easycalculation.com/simple-interest.php to be simple and accurate.
Alright, listen up, honey. To solve simple investment problems using simple interest, you just need to multiply the principal amount by the interest rate and the time period. Add the interest to the principal, and voila, you've got your total amount. It's basic math, darling, nothing to lose sleep over.
the formula for simple interest is I=PRT (interest=principal x rate x time )
time(t)= interest/rate , princaple
Multiply together the capital, the interest rate (as a fraction) and the number of periods to find out the interest.
The answer depends on what information you do have.
If you are looking for an online simple interest calculator there are several sites that you can find this on. One site where you can is called Easy Calculation and will give you all the tools you need.
simple interst is when you earn interest from your principal but compound interest is when you earn interest from your principal as well as from your previous interest
P*r*t divided by 100
First you figure out the Principal, then you find the interest rate and then find the Time someone gave you to pay back loaned or borrowed money.Formula: Simple Interest= Principal*Rate*TimeExample: Principal-$25,000 Interest Rate- 6.25 simple interest- 6 years$25,000 x .0625 x 6= $9375!
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First you figure out the Principal, then you find the interest rate and then find the Time someone gave you to pay back loaned or borrowed money.Formula: Simple Interest= Principal*Rate*TimeExample: Principal-$25,000 Interest Rate- 6.25 simple interest- 6 years$25,000 x .0625 x 6= $9375!