Simple Interest

Tags: #Economics

Equation

$$I=Prt \\ A=P(1+rt)$$

Latex Code

                                 I=Prt \\
A=P(1+rt)

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Introduction

Equation



Latex Code

            I=Prt \\
            A=P(1+rt)

Explanation

Latex code for the Simple Interest. I will briefly introduce the notations in this formulation.

  • : Interest Earned
  • : Principal/Present Value
  • : Annual Rate
  • : Time (years)
  • : Future Value/Maturity Value

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