Simple Interest Calculator

Interest is defined as a additional payment from borrower or deposit-taking financial institution to the lender or depositor for the principal sum (i.e. the amount borrowed or deposited) at a mutually agreed rate. It is calculated by multipling Principal with rate and duration. Simple Interest is calculated as:

Simple Interest = Principal * Duration * Rate

Please fill the form below with to calculate Simple interest and Amount.

Note: Leaving any option empty may generate undesired results.



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