Simple Interest Rate Formula. Simple interest formula simple interest formula simple interest (si) is a way of calculating the amount of interest that is to be paid on the principal and is calculated by multiplying the. Simple interest = principal * interest rate * time period; Simple interest =$5000 * 10%*5 =$2500; So now we will do the calculation this using the simple interest equation i.e.

Simple interest =$5000 * 10%*5 =$2500; So now we will do the calculation this using the simple interest equation i.e. Simple interest = principal * interest rate * time period;

Calculate Simple Interest Principal, Rate, or Time

So now we will do the calculation this using the simple interest equation i.e. Simple interest =$5000 * 10%*5 =$2500; Simple interest formula simple interest formula simple interest (si) is a way of calculating the amount of interest that is to be paid on the principal and is calculated by multiplying the. So now we will do the calculation this using the simple interest equation i.e.