'Annum interest rate' presentation slideshows

INTRODUCTION TO ENGINEERING FUNDAMENTALS OF ENGINEERING PROJECT ECONOMICS - 2

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CHAPTER

6. CHAPTER. Finance. Chapter 6 p 1. 6.1 Interest. Section 6.1 p 2. 6.1 Interest. Definition. Simple Interest Simple interest is interest computed on the principal for the entire period it is borrowed. Section 6.1 p 3. 6.1 Interest. Theorem. Simple Interest Formula

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6.6 Compound Interest

6.6 Compound Interest. Simple Interest. If a principal of P dollars is borrowed for a period of t years at a per annum interest rate r , expressed in decimals, the interest I charged is. I=Prt. Amount after t years is. A = P+ I = P+Prt = P (1+ rt). Compound Interest.

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