Education Applied 40S May 6, 2009

1. Personal Financeor managing your moneyMoney grew on trees Late Payment Reminder by flickr user wsssst 2. A = AMOUNT of money at the end of the term P = PRINCIPLE amount,…

Documents Section 5.1: Simple and Compound Interest. Simple Interest Simple Interest: Used to calculate...

Slide 1 Section 5.1: Simple and Compound Interest Slide 2 Simple Interest Simple Interest: Used to calculate interest on loans…often of one year or less. Formula: I = Prt…