Calculate the due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 1,000 units (Dollar, Euro, Pound, etc.), from date: Oct 1, 2018, to date: Nov 1, 2019, namely for a period of 396 days (13 Months), with an annual simple flat interest rate of 6% if the commission fee (withdrawal or payment) is 0%.

Principal (initial amount), P = 1,000


Annual simple interest rate, R = 6%


From date: Oct 1, 2018


To date: Nov 1, 2019


Duration, T = 396 days (13 Months)


Commission fee (withdrawal or payment), F = 0%


No. of days in a year, N = 365


I = Simple interest:

I = (P × R × T) ÷ N =


(1,000 × 6% × 396) ÷ 365 =


(1,000 × 6 × 396) ÷ (365 × 100) =


2,376,000 ÷ 36,500 ≈


65.095890410959 ≈


65.1

B = Amount earned:

B = P + I =


1,000 + 65.095890410959 =


1,065.095890410959 ≈


1,065.1

Signs: % percent, ÷ divide, × multiply, ≈ approximately equal;

Writing numbers: comma ',' as thousands separator; point '.' as a decimal mark;

Calculate simple flat rate interest on a principal borrowed, lent

Simple flat rate interest = (Principal × Annual simple flat interest rate × Duration in days) ÷ Number of days in a year

Latest calculated simple flat rate interest values

Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 1,000 units (Dollar, Euro, Pound, etc.), from date: Oct 01, 2018, to date: Nov 01, 2019, namely for a period of 396 days (13 Months), with an annual simple flat interest rate of 6% if the commission fee (withdrawal or payment) is 0%. May 24 01:11 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 7,200 units (Dollar, Euro, Pound, etc.), from date: Oct 05, 2017, to date: Oct 09, 2017, namely for a period of 4 days, with an annual simple flat interest rate of 9.75% if the commission fee (withdrawal or payment) is 0%. May 24 01:10 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 3,000,000 units (Dollar, Euro, Pound, etc.), from date: Apr 12, 2018, to date: Apr 30, 2018, namely for a period of 18 days, with an annual simple flat interest rate of 4% if the commission fee (withdrawal or payment) is 0%. May 24 01:10 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 4,000 units (Dollar, Euro, Pound, etc.), from date: May 08, 2019, to date: Jul 08, 2019, namely for a period of 61 days (2 Months), with an annual simple flat interest rate of 2% if the commission fee (withdrawal or payment) is 0%. May 24 01:10 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 4,000 units (Dollar, Euro, Pound, etc.), from date: Apr 12, 2018, to date: Jul 17, 2018, namely for a period of 96 days (3 Months and 5 Days), with an annual simple flat interest rate of 8% if the commission fee (withdrawal or payment) is 0%. May 24 01:09 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 50,232 units (Dollar, Euro, Pound, etc.), from date: Jul 10, 2017, to date: Feb 18, 2019, namely for a period of 588 days (19 Months and 8 Days), with an annual simple flat interest rate of 0.25% if the commission fee (withdrawal or payment) is 0%. May 24 01:08 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 9,000 units (Dollar, Euro, Pound, etc.), from date: Jan 27, 2018, to date: May 27, 2018, namely for a period of 120 days (4 Months), with an annual simple flat interest rate of 1.5% if the commission fee (withdrawal or payment) is 0%. May 24 01:08 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 12,400 units (Dollar, Euro, Pound, etc.), from date: Dec 18, 2017, to date: Jan 18, 2018, namely for a period of 31 days, with an annual simple flat interest rate of 25% if the commission fee (withdrawal or payment) is 25%. May 24 01:08 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 5,000 units (Dollar, Euro, Pound, etc.), from date: Jan 19, 2018, to date: Apr 19, 2018, namely for a period of 90 days (3 Months), with an annual simple flat interest rate of 0.75% if the commission fee (withdrawal or payment) is 0%. May 24 01:07 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 80.25 units (Dollar, Euro, Pound, etc.), from date: Dec 17, 2015, to date: Jul 03, 2017, namely for a period of 564 days (19 Months without 14 Days), with an annual simple flat interest rate of 6% if the commission fee (withdrawal or payment) is 0%. May 24 01:07 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 550,000 units (Dollar, Euro, Pound, etc.), from date: Feb 22, 2019, to date: Mar 22, 2020, namely for a period of 394 days (13 Months), with an annual simple flat interest rate of 2% if the commission fee (withdrawal or payment) is 0%. May 24 01:06 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 1,000 units (Dollar, Euro, Pound, etc.), from date: Feb 03, 2019, to date: Mar 03, 2019, namely for a period of 28 days, with an annual simple flat interest rate of 5% if the commission fee (withdrawal or payment) is 0%. May 24 01:06 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 14,000 units (Dollar, Euro, Pound, etc.), from date: Mar 09, 2019, to date: Apr 09, 2025, namely for a period of 2,223 days (73 Months), with an annual simple flat interest rate of 7% if the commission fee (withdrawal or payment) is 10%. May 24 01:06 UTC (GMT)
All users calculated simple flat rate interest values