The document provides formulas for computing simple interest, compound interest, and future and present value with simple interest. Simple interest is calculated as A = P (1 + rt), where A is the total amount, P is the principal, r is the interest rate, and t is the time period. Compound interest is calculated as A = P (1 + r/t)^t, where r/t is the periodic interest rate. Future value with simple interest is calculated as F = P (1 + rt). Present value with simple interest uses the inverse of the future value formula.
The document provides formulas for computing simple interest, compound interest, and future and present value with simple interest. Simple interest is calculated as A = P (1 + rt), where A is the total amount, P is the principal, r is the interest rate, and t is the time period. Compound interest is calculated as A = P (1 + r/t)^t, where r/t is the periodic interest rate. Future value with simple interest is calculated as F = P (1 + rt). Present value with simple interest uses the inverse of the future value formula.
The document provides formulas for computing simple interest, compound interest, and future and present value with simple interest. Simple interest is calculated as A = P (1 + rt), where A is the total amount, P is the principal, r is the interest rate, and t is the time period. Compound interest is calculated as A = P (1 + r/t)^t, where r/t is the periodic interest rate. Future value with simple interest is calculated as F = P (1 + rt). Present value with simple interest uses the inverse of the future value formula.