SIMPLE INTEREST
Simple interest is the basic process of computing the interest charge on a loan. It is determined by using the following formula:
Simple Interest = P x I x N
where P is the amount of the loan, I is the amount of the interest rate, and N is the number of periods or the duration for the loan.
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...
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ECONOMIC CALENDAR
Time | Country | Indices | Period |
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01:50 | Capital Spending | 4 quarter | |
02:00 | MI Inflation Gauge | Feb | |
02:30 | ANZ Jobs Advertisements | Feb | |
02:30 | Company Operating Profits | 4 quarter | |
02:30 | PMI Manufacturing | Feb | |
03:45 | Markit Final Manufacturing PMI | Feb | |
07:30 | Commodity Prices | Feb | |
09:30 | Retail Sales | Jan | |
10:15 | PMI Manufacturing | Feb |