Compound Interest Worksheet
Simple Interest Compound Interest Worksheet. In simple interest, a sum of money doubles. Find the simple interest for 2 years on $2000 at 6% per year.
In simple interest, a sum of money doubles. Web formula for simple interest is. = 20000 ⋅ 5 ⋅ 0.05 = 5000. A = p + i = 20000. Final value of the investment : Find the simple interest for 2 years on $2000 at 6% per year.
A = p + i = 20000. In simple interest, a sum of money doubles. A = p + i = 20000. Final value of the investment : = 20000 ⋅ 5 ⋅ 0.05 = 5000. Web formula for simple interest is. Find the simple interest for 2 years on $2000 at 6% per year.