How to Calculate Time Period of Simple Interest?
Time Period of Simple Interest calculator uses Time Period of Simple Interest = (100*Simple Interest)/(Principal Amount of Simple Interest*Annual Rate of Simple Interest) to calculate the Time Period of Simple Interest, Time Period of Simple Interest formula is defined as the number of years for which the principal amount is invested/borrowed/lent at a fixed rate of interest. Time Period of Simple Interest is denoted by t_{Annual} symbol.
How to calculate Time Period of Simple Interest using this online calculator? To use this online calculator for Time Period of Simple Interest, enter Simple Interest (SI_{Annual}), Principal Amount of Simple Interest (P_{Annual}) & Annual Rate of Simple Interest (r_{Annual}) and hit the calculate button. Here is how the Time Period of Simple Interest calculation can be explained with given input values -> 6.3E-8 = (100*200)/(1000*10).