Calculate the due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 10,000 units (Dollar, Euro, Pound, etc.), from date: Jan 15, 2018, to date: Jan 15, 2023, namely for a period of 1,826 days (60 Months), with an annual simple flat interest rate of 3% if the commission fee (withdrawal or payment) is 0%.

Principal (initial amount), P = 10,000

Annual simple interest rate, R = 3%

From date: Jan 15, 2018

To date: Jan 15, 2023

Duration, T = 1,826 days (60 Months)

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

No. of days in a year, N = 365


I = Simple interest:

I = (P × R × T) ÷ N =

(10,000 × 3% × 1,826) ÷ 365 =

(10,000 × 3 × 1,826) ÷ (365 × 100) =

54,780,000 ÷ 36,500 ≈

1,500.821917808219 ≈

1,500.82

B = Amount earned:

B = P + I =

10,000 + 1,500.821917808219 =

11,500.821917808219 ≈

11,500.82

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 10,000 units (Dollar, Euro, Pound, etc.), from date: Jan 15, 2018, to date: Jan 15, 2023, namely for a period of 1,826 days (60 Months), with an annual simple flat interest rate of 3% if the commission fee (withdrawal or payment) is 0%. May 24 01:24 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 13,800 units (Dollar, Euro, Pound, etc.), from date: Mar 15, 2018, to date: Apr 15, 2023, namely for a period of 1,857 days (61 Months), with an annual simple flat interest rate of 6.5% if the commission fee (withdrawal or payment) is 0%. May 24 01:24 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: Jan 18, 2017, to date: Feb 18, 2017, namely for a period of 31 days, with an annual simple flat interest rate of 4% if the commission fee (withdrawal or payment) is 0%. May 24 01:24 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 11, 2018, to date: May 11, 2018, namely for a period of 30 days, with an annual simple flat interest rate of 2% if the commission fee (withdrawal or payment) is 5%. May 24 01:24 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: Jan 18, 2018, to date: Mar 18, 2018, namely for a period of 59 days (2 Months), with an annual simple flat interest rate of 0.75% if the commission fee (withdrawal or payment) is 0%. May 24 01:24 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: Dec 04, 2018, to date: Jan 04, 2019, namely for a period of 31 days, with an annual simple flat interest rate of 4.5% if the commission fee (withdrawal or payment) is 0%. May 24 01:23 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 6,000 units (Dollar, Euro, Pound, etc.), from date: Jan 11, 2019, to date: Feb 11, 2019, namely for a period of 31 days, with an annual simple flat interest rate of 8% if the commission fee (withdrawal or payment) is 0%. May 24 01:23 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: Oct 24, 2018, to date: Nov 24, 2018, namely for a period of 31 days, with an annual simple flat interest rate of 11.07% if the commission fee (withdrawal or payment) is 0%. May 24 01:23 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 3,970 units (Dollar, Euro, Pound, etc.), from date: Sep 01, 2012, to date: Aug 30, 2018, namely for a period of 2,189 days (71 Months and 29 Days), with an annual simple flat interest rate of 0.02% if the commission fee (withdrawal or payment) is 0%. May 24 01:23 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 1,200 units (Dollar, Euro, Pound, etc.), from date: Nov 19, 2018, to date: Dec 19, 2018, namely for a period of 30 days, with an annual simple flat interest rate of 0% if the commission fee (withdrawal or payment) is 0.09%. May 24 01:22 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 4,900 units (Dollar, Euro, Pound, etc.), from date: Feb 02, 2018, to date: Feb 02, 2019, namely for a period of 365 days (12 Months), with an annual simple flat interest rate of 3% if the commission fee (withdrawal or payment) is 0%. May 24 01:22 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 23,000 units (Dollar, Euro, Pound, etc.), from date: Sep 06, 2018, to date: Sep 06, 2023, namely for a period of 1,826 days (60 Months), with an annual simple flat interest rate of 8.5% if the commission fee (withdrawal or payment) is 0%. May 24 01:22 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: Jan 01, 2017, to date: Jun 01, 2017, namely for a period of 151 days (5 Months), with an annual simple flat interest rate of 3% if the commission fee (withdrawal or payment) is 0%. May 24 01:22 UTC (GMT)
All users calculated simple flat rate interest values