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Math 1010k personal finance formulas simple interest: I = p*r*t i is the interest, in $ p is the principal, in $ r is the interest rate in decimal. Needed monthly deposit = ⇥ ((1 + r)t 1) where t is the number of deposits needed to reach your goal and r is the monthly interest rate. The complete list of basic finance formulas cheat sheet to know how to manually solve the calculations. Whether you plan to use the complimentary formulas provided by financeformulas.net for personal or academic use, financeformulas.net. Users may download the financial.
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