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04-02-2008, 08:38 PM
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BewbmeisterExtraordinaire
 
Join Date: Feb 2006
Location: New Jersey
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Any accountants, bankers or lenders in the house?
Having a bit of a brain fart:
I need the formula for figuring the princinpal if you know the rate, time and interest (simple interest). I know "i = prt", but I don't believe it's that simple for the principal. I think I can figure out compound interest from there. I really appreciate it.
__________________
 "Roughing the Brady - 15 yard penalty: Automatic first down."
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04-02-2008, 08:48 PM
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Living Legend
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Re: Any accountants, bankers or lenders in the house?
P = I/rt
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04-02-2008, 08:50 PM
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BewbmeisterExtraordinaire
Join Date: Feb 2006
Location: New Jersey
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Member Number: 1932
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Re: Any accountants, bankers or lenders in the house?
Quote:
__________________
"Roughing the Brady - 15 yard penalty: Automatic first down."
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