Time Period of Semi Annual Simple Interest given Final Amount Solution

STEP 0: Pre-Calculation Summary
Formula Used
Time Period of Semi Annual SI = 1/2*(100*(Final Amount of Semi Annual SI/Principal Amount of Semi Annual SI-1))/(Semi Annual Rate of Simple Interest)
tSemi Annual = 1/2*(100*(ASemi Annual/PSemi Annual-1))/(rSemi Annual)
This formula uses 4 Variables
Variables Used
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.
Final Amount of Semi Annual SI - Final Amount of Semi Annual SI is the total amount received or paid back, including the amount invested or borrowed initially, and interest on it for a given time period at a fixed semi-annual rate.
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 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.
STEP 1: Convert Input(s) to Base Unit
Final Amount of Semi Annual SI: 16000 --> No Conversion Required
Principal Amount of Semi Annual SI: 10000 --> No Conversion Required
Semi Annual Rate of Simple Interest: 20 --> No Conversion Required
STEP 2: Evaluate Formula
Substituting Input Values in Formula
tSemi Annual = 1/2*(100*(ASemi Annual/PSemi Annual-1))/(rSemi Annual) --> 1/2*(100*(16000/10000-1))/(20)
Evaluating ... ...
tSemi Annual = 1.5
STEP 3: Convert Result to Output's Unit
47335428 Second -->1.5 Year (Check conversion ​here)
FINAL ANSWER
1.5 Year <-- Time Period of Semi Annual SI
(Calculation completed in 00.020 seconds)

Credits

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Indian Institute of Technology, Indian School of Mines, DHANBAD (IIT ISM), Dhanbad, Jharkhand
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Time Period of Semi Annual Simple Interest Calculators

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

Time Period of Semi Annual Simple Interest given Final Amount Formula

​LaTeX ​Go
Time Period of Semi Annual SI = 1/2*(100*(Final Amount of Semi Annual SI/Principal Amount of Semi Annual SI-1))/(Semi Annual Rate of Simple Interest)
tSemi Annual = 1/2*(100*(ASemi Annual/PSemi Annual-1))/(rSemi 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 Time Period of Semi Annual Simple Interest given Final Amount?

Time Period of Semi Annual Simple Interest given Final Amount calculator uses Time Period of Semi Annual SI = 1/2*(100*(Final Amount of Semi Annual SI/Principal Amount of Semi Annual SI-1))/(Semi Annual Rate of Simple Interest) to calculate the Time Period of Semi Annual SI, The Time Period of Semi Annual Simple Interest given Final Amount formula is defined as the number of years for which the principal amount is invested/borrowed/lent at a fixed semi-annual rate of interest, and is calculated using the final amount of Simple Interest. Time Period of Semi Annual SI is denoted by tSemi Annual symbol.

How to calculate Time Period of Semi Annual Simple Interest given Final Amount using this online calculator? To use this online calculator for Time Period of Semi Annual Simple Interest given Final Amount, enter Final Amount of Semi Annual SI (ASemi Annual), Principal Amount of Semi Annual SI (PSemi Annual) & Semi Annual Rate of Simple Interest (rSemi Annual) and hit the calculate button. Here is how the Time Period of Semi Annual Simple Interest given Final Amount calculation can be explained with given input values -> 4.8E-8 = 1/2*(100*(16000/10000-1))/(20).

FAQ

What is Time Period of Semi Annual Simple Interest given Final Amount?
The Time Period of Semi Annual Simple Interest given Final Amount formula is defined as the number of years for which the principal amount is invested/borrowed/lent at a fixed semi-annual rate of interest, and is calculated using the final amount of Simple Interest and is represented as tSemi Annual = 1/2*(100*(ASemi Annual/PSemi Annual-1))/(rSemi Annual) or Time Period of Semi Annual SI = 1/2*(100*(Final Amount of Semi Annual SI/Principal Amount of Semi Annual SI-1))/(Semi Annual Rate of Simple Interest). Final Amount of Semi Annual SI is the total amount received or paid back, including the amount invested or borrowed initially, and interest on it for a given time period at a fixed semi-annual rate, 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 & 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.
How to calculate Time Period of Semi Annual Simple Interest given Final Amount?
The Time Period of Semi Annual Simple Interest given Final Amount formula is defined as the number of years for which the principal amount is invested/borrowed/lent at a fixed semi-annual rate of interest, and is calculated using the final amount of Simple Interest is calculated using Time Period of Semi Annual SI = 1/2*(100*(Final Amount of Semi Annual SI/Principal Amount of Semi Annual SI-1))/(Semi Annual Rate of Simple Interest). To calculate Time Period of Semi Annual Simple Interest given Final Amount, you need Final Amount of Semi Annual SI (ASemi Annual), Principal Amount of Semi Annual SI (PSemi Annual) & Semi Annual Rate of Simple Interest (rSemi Annual). With our tool, you need to enter the respective value for Final Amount of Semi Annual SI, Principal Amount of Semi Annual SI & Semi Annual Rate of Simple Interest 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 Time Period of Semi Annual SI?
In this formula, Time Period of Semi Annual SI uses Final Amount of Semi Annual SI, Principal Amount of Semi Annual SI & Semi Annual Rate of Simple Interest. We can use 1 other way(s) to calculate the same, which is/are as follows -
  • Time Period of Semi Annual SI = 1/2*(Semi Annual Simple Interest*100)/(Principal Amount of Semi Annual SI*Semi Annual Rate of Simple Interest)
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