Answer:
How do I calculate interest rate on investment?
Calculate Total Amount Accrued (Principal + Interest), solve for A. A = P(1 + rt)
Calculate Principal Amount, solve for P. P = A / (1 + rt)
Calculate rate of interest in decimal, solve for r. r = (1/t)(A/P - 1)
Calculate rate of interest in percent. ...
Calculate time, solve for t.
Step-by-step explanation:
Hope this helps.
