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P= I/RT
R= I/PT
T= I/PR

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Simple interest is found by multiplying the daily interest rate by the number of between payment

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Simple intrest formula: intrest= principal x rate x time

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Simple interest is a quick method of calculating the interest charge on a loan

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Simple interest is used to calculate the interest accrued

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Simple interest is a quick method of calculating the interest charge on a loan

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To work out simple interest you need to know the principal amount, the interest rate and the time

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Is a quick way of calculating the interest charge on a loan

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Simple Interest is used on loans

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I=PxRxT

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Simple interest formula: l = Prt

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Simple interest is used to calculate the interest accured on a loan or a savings account

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I = Prt

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Simple interest is calculated on the principal (amount borrowed) only - don’t have to pay interest on the interest

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The formula for simple interest is : PxRxT