Finite Math Examples

$p = 9000$ , $r = 2 %$ , $t = 4$

Simple interest is calculated on the original principal only. Accumulated interest from prior periods is not used in calculations for the following periods.

$i = p \cdot r \cdot t$

Multiply $p r$ by $t$ .

$i = p r t$

Substitute the known values into the formula.

$i = (9000) \cdot (2 %) \cdot (4)$

Simplify $(9000) \cdot (2 %) \cdot (4)$ .

Tap for more steps...

Convert $2 %$ to a decimal.

$i = 9000 \cdot 0.02 \cdot 4$

Multiply $9000$ by $0.02$ .

$i = 180 \cdot 4$

Multiply $180$ by $4$ .

$i = 720$

Enter YOUR Problem