#### Principal (initial amount), P = 100,000

#### Annual simple interest rate, R = 10%

#### From date: May 22, 2017

#### To date: Jun 22, 2027

#### Duration, T = 3,683 days (121 Months)

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

#### No. of days in a year, N = 365

## I = Simple interest:

#### I = (P × R × T) ÷ N =

#### (100,000 × 10% × 3,683) ÷ 365 =

#### (100,000 × 10 × 3,683) ÷ (365 × 100) =

#### 3,683,000,000 ÷ 36,500 ≈

#### 100,904.109589041096 ≈

#### 100,904.11

## B = Amount earned:

#### B = P + I =

#### 100,000 + 100,904.109589041096 =

#### 200,904.109589041096 ≈

#### 200,904.11