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Finding simple interest - PowerPoint PPT Presentation

Section 13-1

Section 13-1. The Time Value of Money. The Time Value of Money. Interest Simple Interest Future Value and Present Value Compound Interest Effective Annual Yield Inflation. Interest.

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EXAMPLE 1

3. =. 60. 75% of 60. 4. 180. =. 4. 45. =. ANSWER. 75% of 60 is. 45. EXAMPLE 1. Finding The Percent of a Number. a. Find 75% of 60. Use a fraction. 74. 0.1 . 10% of 74. =. 7.4. =. 7.4. 10% of 74 is. ANSWER. EXAMPLE 1. Finding The Percent of a Number. . b.

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Finding simple interest - PowerPoint PPT Presentation

Section 13-1

EXAMPLE 1