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Learn what simple interest is and how to calculate it using examples with a simple interest formula. You can also use a simple interest calculator.
The TI-83 scientific calculator includes a finance-solving application that can do advanced calculations about the time value of money. It can also solve the basic equation for simple interest ...
While the Reducing Balance method is generally more customer-friendly, the Simple Interest method might work for those who prioritise simplicity and fixed payments.
Revise how to calculate percentages to solve real life problems, such as compound interest, with this BBC Bitesize GCSE Maths Edquas study guide.