1 / 32

Ch 8 Simple Interest

Objective 1. Solve for Simple Interest. Simple Interest. Simple interest is commonly used on short term loans (< 9 months) and is:the interest charged on the entire principle for the entire length of the loan.. Principle: loan amountRate: the interest rate (%)Time: length of the loan (years).

naiya
Télécharger la présentation

Ch 8 Simple Interest

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

    1. Ch 8 Simple Interest Basics of Simple Interest

    2. Objective 1 Solve for Simple Interest

    3. Simple Interest Simple interest is commonly used on short term loans (< 9 months) and is: the interest charged on the entire principle for the entire length of the loan.

More Related