# Simple Interest (PV) Calculator

## Calculates the present value using the simple interest method.

 Interest mode annually(365)annually(360)monthlyweeklydaily Interest rate % (r) Future value (FV) Elapsed days (days) 6digit10digit14digit18digit22digit26digit30digit34digit38digit42digit46digit50digit Present value (PV)
 $\normal Simple\ interest\ method\\\vspace{5}(1)\ PV={\large\frac{FV}{1+r\times{\large\frac{days}{mode}}}}\\\vspace{3}\hspace{30}\normal mode:\ 365\ or\ 360\ at\ annually,\\\hspace{85} 30\hspace{10} at\ monthly,\\\hspace{93} 7\hspace{10} at\ weekly,\\\hspace{95} 1\hspace{10} at\ daily\\$

Simple Interest (PV)
 [1-3] /3 Disp-Num5103050100200
[1]  2017/03/11 00:33   Male / 20 years old level / High-school/ University/ Grad student / A little /
Purpose of use
to calculate present value at simple interest
Comment/Request
abbreviations of variables used in formula and their definitions
[2]  2017/02/06 17:24   Female / 30 years old level / High-school/ University/ Grad student / Useful /
Purpose of use
studies
[3]  2009/10/19 14:29   Male / 40 level / An office worker / Very /
Comment/Request
Good solution

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