Tuesday, April 11, 2006

Calculate your Interes Rate

Shit I learn in school

[I]nterest
[P]rincipal
[r]ate
[t]ime

I = P * r * t

eg.
I= $8700.00 at 3.25% for 3 years
I= (8700.00) * (0.0325) * (3)
I= $848.25 <--- is how much you earn in interes alone.
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