Consumer Arithmetic Flashcards
1
Q
Simple Interest Formula
A
Principal x Time x Rate
_________________________
100
2
Q
Compound Interest
A
Principal (1 + Rate)*
____
100
*= years
3
Q
Interest
A
Amount - Principal
4
Q
Rate
A
SI x 100
________
P x T
5
Q
Principal
A
SI x 100
_________
R x T
6
Q
Time
A
SI x 100
_________
P x R
