Online Tools and Calculators > Financial Calculators > Simple Interest Calculator

Simple Interest Calculator

Annual interest rate: %

About Simple Interest Calculator

The online Simple Interest Calculator is used to calculate the simple interest which means interest paid only on the original principal, not on the interest accrued.

Simple Interest Formula

The simple interest calculation formula is as following:

A = P(1 + rt)

A = final amount
P = principal amount (initial investment)
r = annual nominal interest rate
t = number of years

× Our website uses cookies to improve your user experience. If you continue browsing, we assume that you consent to our use of cookies. More information can be found in our privacy policy
Deals Active Upcoming
Active Deals Upcoming Deals
©2019 Miniwebtool | Terms and Disclaimer | Privacy Policy | Contact Us