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Time Period of Simple Interest given Final Amount Formula

GoTime Period of Simple Interest Formula

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Time period of Simple Interest is the number of years for which the principal amount is invested/borrowed/lent at a fixed rate of interest. Check FAQs

t Annual = \frac{(\frac{A Annual}{P Annual} - 1) \cdot 100}{r Annual}

t_Annual - Time Period of Simple Interest?A_Annual - Final Amount of Simple Interest?P_Annual - Principal Amount of Simple Interest?r_Annual - Annual Rate of Simple Interest?

Time Period of Simple Interest given Final Amount Example

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Here is how the Time Period of Simple Interest given Final Amount equation looks like with Values.

Here is how the Time Period of Simple Interest given Final Amount equation looks like with Units.

Here is how the Time Period of Simple Interest given Final Amount equation looks like.

2 = \frac{(\frac{1200}{1000} - 1) \cdot 100}{10}

2Year = \frac{(\frac{1200}{1000} - 1) \cdot 100}{10}

2 = \frac{(\frac{1200}{1000} - 1) \cdot 100}{10}

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Time Period of Simple Interest given Final Amount Solution

Follow our step by step solution on how to calculate Time Period of Simple Interest given Final Amount?

FIRST Step Consider the formula

t Annual = \frac{(\frac{A Annual}{P Annual} - 1) \cdot 100}{r Annual}

Next Step Substitute values of Variables

∴

t Annual = \frac{(\frac{1200}{1000} - 1) \cdot 100}{10}

Next Step Prepare to Evaluate

∴

t Annual = \frac{(\frac{1200}{1000} - 1) \cdot 100}{10}

Next Step Evaluate

∴

t Annual = 63113904s

LAST Step Convert to Output's Unit

∴

t Annual = 2Year

Time Period of Simple Interest given Final Amount Formula Elements

Variables

Time Period of Simple Interest

Time period of Simple Interest is the number of years for which the principal amount is invested/borrowed/lent at a fixed rate of interest.

Symbol: t_Annual

Measurement: TimeUnit: Year

Note: Value should be greater than 0.

Formulas to find Time Period of Simple Interest

Final Amount of Simple Interest

Final Amount of Simple Interest is the total amount received or paid back, including the amount invested or borrowed initially, and Simple Interest on it for a given duration of time at a fixed rate.

Symbol: A_Annual

Measurement: NAUnit: Unitless

Note: Value should be greater than 0.

Formulas to find Final Amount of Simple Interest

Principal Amount of Simple Interest

Principal Amount of Simple Interest is the amount invested, borrowed, or lent initially at a fixed rate for a given duration of time.

Symbol: P_Annual

Measurement: NAUnit: Unitless

Note: Value should be greater than 0.

Formulas to find Principal Amount of Simple Interest

Annual Rate of Simple Interest

The Annual Rate of Simple Interest is the percent of the simple interest paid over the principal amount for the due period.

Symbol: r_Annual

Measurement: NAUnit: Unitless

Note: Value should be greater than 0.

Formulas to find Annual Rate of Simple Interest

Other Formulas to find Time Period of Simple Interest

Go Time Period of Simple Interest

t Annual = \frac{100 \cdot SI Annual}{P Annual \cdot r Annual}

How to Evaluate Time Period of Simple Interest given Final Amount?

Time Period of Simple Interest given Final Amount evaluator uses Time Period of Simple Interest = ((Final Amount of Simple Interest/Principal Amount of Simple Interest-1)*100)/Annual Rate of Simple Interest to evaluate the Time Period of Simple Interest, The Time Period of Simple Interest given Final Amount formula is defined as the number of years for which the principal amount is invested/borrowed/lent at a fixed rate of interest, and is calculated using the final amount of Simple Interest. Time Period of Simple Interest is denoted by t_Annual symbol.

How to evaluate Time Period of Simple Interest given Final Amount using this online evaluator? To use this online evaluator for Time Period of Simple Interest given Final Amount, enter Final Amount of Simple Interest (A_Annual), Principal Amount of Simple Interest (P_Annual) & Annual Rate of Simple Interest (r_Annual) and hit the calculate button.

FAQs on Time Period of Simple Interest given Final Amount

What is the formula to find Time Period of Simple Interest given Final Amount?

The formula of Time Period of Simple Interest given Final Amount is expressed as Time Period of Simple Interest = ((Final Amount of Simple Interest/Principal Amount of Simple Interest-1)*100)/Annual Rate of Simple Interest. Here is an example- 6.3E-8 = ((1200/1000-1)*100)/10.

How to calculate Time Period of Simple Interest given Final Amount?

With Final Amount of Simple Interest (A_Annual), Principal Amount of Simple Interest (P_Annual) & Annual Rate of Simple Interest (r_Annual) we can find Time Period of Simple Interest given Final Amount using the formula - Time Period of Simple Interest = ((Final Amount of Simple Interest/Principal Amount of Simple Interest-1)*100)/Annual Rate of Simple Interest.

What are the other ways to Calculate Time Period of Simple Interest?

Here are the different ways to Calculate Time Period of Simple Interest-

Time Period of Simple Interest=(100*Simple Interest)/(Principal Amount of Simple Interest*Annual Rate of Simple Interest)

Can the Time Period of Simple Interest given Final Amount be negative?

No, the Time Period of Simple Interest given Final Amount, measured in Time cannot be negative.

Which unit is used to measure Time Period of Simple Interest given Final Amount?

Time Period of Simple Interest given Final Amount is usually measured using the Year[Year] for Time. Second[Year], Millisecond[Year], Microsecond[Year] are the few other units in which Time Period of Simple Interest given Final Amount can be measured.

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Time Period of Simple Interest given Final Amount Formula

​GoTime Period of Simple Interest Formula

Time Period of Simple Interest given Final Amount Example

Time Period of Simple Interest given Final Amount Solution

Time Period of Simple Interest given Final Amount Formula Elements

Other Formulas to find Time Period of Simple Interest

How to Evaluate Time Period of Simple Interest given Final Amount?

FAQs on Time Period of Simple Interest given Final Amount

Variable Name

GoTime Period of Simple Interest Formula