Principal Amount of Semi Annual Simple Interest Solution

STEP 0: Pre-Calculation Summary
Formula Used
Principal Amount of Semi Annual SI = (Semi Annual Simple Interest*100)/(2*Semi Annual Rate of Simple Interest*Time Period of Semi Annual SI)
PSemi Annual = (SISemi Annual*100)/(2*rSemi Annual*tSemi Annual)
This formula uses 4 Variables
Variables Used
Principal Amount of Semi Annual SI - Principal Amount of Semi Annual SI is the amount invested, borrowed, or lent initially at a fixed semi-annual rate for a given duration of time.
Semi Annual Simple Interest - Semi Annual Simple Interest is the extra amount gained/paid on the principal amount for the time period at a fixed semi-annual rate of interest.
Semi Annual Rate of Simple Interest - The Semi Annual Rate of Simple Interest is the percent of the simple interest paid over the principal amount for the due period half yearly.
Time Period of Semi Annual SI - (Measured in Year) - Time Period of Semi Annual SI is the number of years for which the principal amount is invested/borrowed/lent at a fixed semi-annual rate of interest.
STEP 1: Convert Input(s) to Base Unit
Semi Annual Simple Interest: 6000 --> No Conversion Required
Semi Annual Rate of Simple Interest: 20 --> No Conversion Required
Time Period of Semi Annual SI: 1.5 Year --> 1.5 Year No Conversion Required
STEP 2: Evaluate Formula
Substituting Input Values in Formula
PSemi Annual = (SISemi Annual*100)/(2*rSemi Annual*tSemi Annual) --> (6000*100)/(2*20*1.5)
Evaluating ... ...
PSemi Annual = 10000
STEP 3: Convert Result to Output's Unit
10000 --> No Conversion Required
FINAL ANSWER
10000 <-- Principal Amount of Semi Annual SI
(Calculation completed in 00.004 seconds)

Credits

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Created by Dhruv Walia
Indian Institute of Technology, Indian School of Mines, DHANBAD (IIT ISM), Dhanbad, Jharkhand
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The National Institute of Engineering (NIE), Mysuru
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Principal Amount of Semi Annual Simple Interest Calculators

Principal Amount of Semi Annual Simple Interest given Final Amount
​ LaTeX ​ Go Principal Amount of Semi Annual SI = Final Amount of Semi Annual SI/(1+(2*Semi Annual Rate of Simple Interest*Time Period of Semi Annual SI)/100)
Principal Amount of Semi Annual Simple Interest
​ LaTeX ​ Go Principal Amount of Semi Annual SI = (Semi Annual Simple Interest*100)/(2*Semi Annual Rate of Simple Interest*Time Period of Semi Annual SI)

Semi Annual Simple Interest Calculators

Final Amount of Semi Annual Simple Interest
​ LaTeX ​ Go Final Amount of Semi Annual SI = Principal Amount of Semi Annual SI*(1+(2*Semi Annual Rate of Simple Interest*Time Period of Semi Annual SI)/100)
Principal Amount of Semi Annual Simple Interest
​ LaTeX ​ Go Principal Amount of Semi Annual SI = (Semi Annual Simple Interest*100)/(2*Semi Annual Rate of Simple Interest*Time Period of Semi Annual SI)
Semi Annual Rate of Simple Interest
​ LaTeX ​ Go Semi Annual Rate of Simple Interest = (Semi Annual Simple Interest*100)/(2*Principal Amount of Semi Annual SI*Time Period of Semi Annual SI)
Semi Annual Simple Interest
​ LaTeX ​ Go Semi Annual Simple Interest = (2*Principal Amount of Semi Annual SI*Semi Annual Rate of Simple Interest*Time Period of Semi Annual SI)/100

Principal Amount of Semi Annual Simple Interest Formula

​LaTeX ​Go
Principal Amount of Semi Annual SI = (Semi Annual Simple Interest*100)/(2*Semi Annual Rate of Simple Interest*Time Period of Semi Annual SI)
PSemi Annual = (SISemi Annual*100)/(2*rSemi Annual*tSemi Annual)

What is Simple Interest ?

Simple Interest is a quick and easy method of calculating the interest charge on a loan. Simple Interest is the interest amount for a particular principal amount of money at some rate of interest for given duration of time. In Simple Interest, a creditor will only pay interest on the principal amount and a borrower would never have to pay more interest on the previously accumulated interest.

How to Calculate Principal Amount of Semi Annual Simple Interest?

Principal Amount of Semi Annual Simple Interest calculator uses Principal Amount of Semi Annual SI = (Semi Annual Simple Interest*100)/(2*Semi Annual Rate of Simple Interest*Time Period of Semi Annual SI) to calculate the Principal Amount of Semi Annual SI, The Principal Amount of Semi Annual Simple Interest formula is defined as the amount invested, borrowed, or lent initially at a fixed semi-annual rate for a given duration of time. Principal Amount of Semi Annual SI is denoted by PSemi Annual symbol.

How to calculate Principal Amount of Semi Annual Simple Interest using this online calculator? To use this online calculator for Principal Amount of Semi Annual Simple Interest, enter Semi Annual Simple Interest (SISemi Annual), Semi Annual Rate of Simple Interest (rSemi Annual) & Time Period of Semi Annual SI (tSemi Annual) and hit the calculate button. Here is how the Principal Amount of Semi Annual Simple Interest calculation can be explained with given input values -> 10000 = (6000*100)/(2*20*47335428).

FAQ

What is Principal Amount of Semi Annual Simple Interest?
The Principal Amount of Semi Annual Simple Interest formula is defined as the amount invested, borrowed, or lent initially at a fixed semi-annual rate for a given duration of time and is represented as PSemi Annual = (SISemi Annual*100)/(2*rSemi Annual*tSemi Annual) or Principal Amount of Semi Annual SI = (Semi Annual Simple Interest*100)/(2*Semi Annual Rate of Simple Interest*Time Period of Semi Annual SI). Semi Annual Simple Interest is the extra amount gained/paid on the principal amount for the time period at a fixed semi-annual rate of interest, The Semi Annual Rate of Simple Interest is the percent of the simple interest paid over the principal amount for the due period half yearly & Time Period of Semi Annual SI is the number of years for which the principal amount is invested/borrowed/lent at a fixed semi-annual rate of interest.
How to calculate Principal Amount of Semi Annual Simple Interest?
The Principal Amount of Semi Annual Simple Interest formula is defined as the amount invested, borrowed, or lent initially at a fixed semi-annual rate for a given duration of time is calculated using Principal Amount of Semi Annual SI = (Semi Annual Simple Interest*100)/(2*Semi Annual Rate of Simple Interest*Time Period of Semi Annual SI). To calculate Principal Amount of Semi Annual Simple Interest, you need Semi Annual Simple Interest (SISemi Annual), Semi Annual Rate of Simple Interest (rSemi Annual) & Time Period of Semi Annual SI (tSemi Annual). With our tool, you need to enter the respective value for Semi Annual Simple Interest, Semi Annual Rate of Simple Interest & Time Period of Semi Annual SI and hit the calculate button. You can also select the units (if any) for Input(s) and the Output as well.
How many ways are there to calculate Principal Amount of Semi Annual SI?
In this formula, Principal Amount of Semi Annual SI uses Semi Annual Simple Interest, Semi Annual Rate of Simple Interest & Time Period of Semi Annual SI. We can use 1 other way(s) to calculate the same, which is/are as follows -
  • Principal Amount of Semi Annual SI = Final Amount of Semi Annual SI/(1+(2*Semi Annual Rate of Simple Interest*Time Period of Semi Annual SI)/100)
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