⏰Time Value of Money

Simple Interest

Interest = Principal × Rate × Time

What It Means

Basic interest calculation (no compounding).

Related Formulas

Future Value (Single Amount)

FV = PV × (1 + r)^n

Present Value (Single Amount)

PV = FV ÷ (1 + r)^n

Loan Payment (PMT)

PMT = PV × [r(1+r)^n] ÷ [(1+r)^n - 1]

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