How does the Simple Discount and Compound Discount Calculator work?
Free Simple Discount and Compound Discount Calculator - Given a principal value, interest rate, and time, this calculates the Accumulated Value using Simple Discount and Compound Discount This calculator has 3 inputs.
What 2 formulas are used for the Simple Discount and Compound Discount Calculator?
Simple Discount AV = 1/(1 - dt) Compound Discount AV = 1/(1 + d)^t