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Simple Interest CalculatorOnline

Principal Amount


Annual Interest Rate


Time


Factor adjusted for Time in years when Months/Quarters/Days are selected
n = 1, for Years
n = 4, for Quarters
n = 12, for Months
n = 365, for Days



The Simple Interest Calculator allows you to calculate the simple interest you could earn when you invest a principal amount for a specific period, at a specific annual interest rate.

Formula

The formula to calculate "Interest" is

\({\ P r t }\)

where

Calculation