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This calculator computes the simple interest and end balance of a savings or investment account. It also calculates the other parameters of the simple interest formula.
The simple interest calculator allows you to determine the amount of interest you can receive or pay over the life of your loan. This calculator comes in handy for analyzing different types of loans when determining the projected interest you get from lending money.
On this page, you can calculate simple interest (SI) given principal, interest rate and time duration in days, months or years. We have made it easy for you to enter daily, weekly, monthly or annually charged interest rates. e.g., 2% interest per month, 5% per week, 10% per year
28 mar 2024 · Calculates interest, principal, rate or time using the simple interest-only formula I=Prt. Calculate simple interest (interest only) on an investment or savings. Calculator for simple interest with formulas and calculations for principal, interest rate, number of periods or interest.
Choose what you would like to calculate: 1. The simple interest, or; 2. Compound interest. Enter the principal amount, interest rate, time period, and click 'Calculate' to retrieve the interest.
Calculate the interest generated on your capital using a simple interest (ie non compounding) formula.
Simple Interest Formula. Simple online browser based javascript simple interest calculator. Easy to use on mobile as well.
