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How to Calculate Interest Rates (The Easy Way)

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How to Calculate Interest Rates (The Easy Way)

283,587 views October 25, 2018 2:37

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ChannelHonest Finance

Description from the creator

If you want to know how to calculate simple interest APR, then watch this quick video!
Watch more of my latest videos: youtube.com/channel/UCNGiXK9ZsxIzY-3g_TPilBQ/vi…

Calculating annual interest rates is super easy to do and it's something that everybody should understand. Enjoy and please share if you liked the video. Thanks.

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About this tutorial

Honest Finance published this 2:37 video tutorial on October 25, 2018. It has been watched 283,587 times on YouTube.

Category
Education
Duration
2:37
Published
October 25, 2018
Views
283,587
Likes
4,918

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Further reading

  • How To Calculate Loan Interest | Bankrate bankrate.com

    If you take out a five-year loan for $20,000 and the interest rate on the loan is 5 percent, the simple interest formula works as follows: $20,000 x .05 x 5 = $5,000 in interest You might ...

  • How to Calculate Simple and Compound Interest - dummies dummies.com

    Or if your bank needs to beef up its money on deposit, it may pay a higher interest rate than the competition, to attract new customers. How to calculate simple interest. You figure simple interest on the principal, whi…

  • How to Calculate Interest Rate: 10 Steps (with Pictures ... wikihow.com

    To calculate interest rate, start by multiplying your principal, which is the amount of money before interest, by the time period involved (weeks, months, years, etc.). Write that number down, then divide the amount of…

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