'Simple interest loan' presentation slideshows

11.1 The Simple Interest Formula

11.1 The Simple Interest Formula. Find simple interest by using the simple interest formula. Find the maturity of a loan. Convert months to a fractional or decimal part of the year. Find the principal, rate or time using the simple interest formula. Key Terms.

2.46k views • 45 slides

11.1 The Simple Interest Formula

11.1 The Simple Interest Formula. Find simple interest by using the simple interest formula. Find the maturity of a loan. Convert months to a fractional or decimal part of the year. Find the principal, rate or time using the simple interest formula. Key Terms.

599 views • 45 slides

Loans- Chapter 8

Loans- Chapter 8. Do Now- Jane Dimas obtained a single-payment loan of $420 to pay a repair bill that she did not have the cash for. She agreed to pay back the loan in 90 days at an interest rate of 12.75% exact interest. What is the maturity value of her loan? Exact interest is = 365 days

475 views • 22 slides

Section 13-2

Section 13-2. Consumer Credit. Installment Buying. Closed-End Credit Open-End Credit. Installment Buying. Borrowing to finance purchases, and repaying with periodic payments is called installment buying . This section addresses two types of installment credit. Closed-End Credit.

358 views • 18 slides

Simple Interest

Simple Interest. Objectives. Calculate the simple interest on a loan. Calculate the future value of a simple interest loan. Calculate the present value of a simple interest loan given the future value. Calculate the payments for an add-on interest loan.

433 views • 14 slides

Simple Interest

Simple Interest. Objectives. Calculate the simple interest on a loan. Calculate the future value of a simple interest loan. Calculate the present value of a simple interest loan given the future value. Calculate the payments for an add-on interest loan.

2.23k views • 14 slides

Simple Interest

411 views • 13 slides