Demystifying Simple Interest: Easy Step-by-Step Guide and Examples😊

"Welcome to the coding corner ! In this video, we'll demystify the concept of simple interest. Whether you're new to finance or just want a refresher, this video is perfect for you. We'll explain simple interest in straightforward terms, provide real-life examples,✌️😎 and show you how to calculate it step by step. Join us as we make learning about finances fun and accessible. Don't forget to like, comment, and subscribe to the coding corner for more easy-to-understand videos on programming, personal finance, and more!"
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Simple interest formula is given by: simple interest=(p*r*t)/100
where p is principal amount t is time and r is rate.

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