Calculate the due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 1,470 units (Dollar, Euro, Pound, etc.), from date: May 8, 2016, to date: May 8, 2017, namely for a period of 365 days (12 Months), with an annual simple flat interest rate of 28% if the commission fee (withdrawal or payment) is 0%.

Principal (initial amount), P = 1,470


Annual simple interest rate, R = 28%


From date: May 8, 2016


To date: May 8, 2017


Duration, T = 365 days (12 Months)


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


No. of days in a year, N = 365


I = Simple interest:

I = (P × R × T) ÷ N =


(1,470 × 28% × 365) ÷ 365 =


(1,470 × 28 × 365) ÷ (365 × 100) =


15,023,400 ÷ 36,500 =


411.6

B = Amount earned:

B = P + I =


1,470 + 411.6 =


1,881.6

Signs: % percent, ÷ divide, × multiply;

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 1,470 units (Dollar, Euro, Pound, etc.), from date: May 08, 2016, to date: May 08, 2017, namely for a period of 365 days (12 Months), with an annual simple flat interest rate of 28% if the commission fee (withdrawal or payment) is 0%. Feb 21 06:16 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 3,960 units (Dollar, Euro, Pound, etc.), from date: Feb 07, 2013, to date: Nov 07, 2017, namely for a period of 1,734 days (57 Months), with an annual simple flat interest rate of 0.02% if the commission fee (withdrawal or payment) is 0%. Feb 21 06:16 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 200 units (Dollar, Euro, Pound, etc.), from date: Aug 06, 2017, to date: Aug 18, 2017, namely for a period of 12 days, with an annual simple flat interest rate of 0.5% if the commission fee (withdrawal or payment) is 0%. Feb 21 06:16 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: Aug 13, 2018, to date: Jul 13, 2023, namely for a period of 1,795 days (59 Months), with an annual simple flat interest rate of 9% if the commission fee (withdrawal or payment) is 0%. Feb 21 06:16 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 150,000 units (Dollar, Euro, Pound, etc.), from date: Jan 26, 2017, to date: Apr 26, 2017, namely for a period of 90 days (3 Months), with an annual simple flat interest rate of 9% if the commission fee (withdrawal or payment) is 0%. Feb 21 06:16 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 1,800 units (Dollar, Euro, Pound, etc.), from date: Oct 23, 2018, to date: Nov 23, 2036, namely for a period of 6,606 days (217 Months), with an annual simple flat interest rate of 3% if the commission fee (withdrawal or payment) is 0%. Feb 21 06:15 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 20,000 units (Dollar, Euro, Pound, etc.), from date: Dec 15, 2018, to date: Jan 15, 2019, namely for a period of 31 days, with an annual simple flat interest rate of 2% if the commission fee (withdrawal or payment) is 0%. Feb 21 06:15 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 100 units (Dollar, Euro, Pound, etc.), from date: Jun 28, 2017, to date: Oct 01, 2017, namely for a period of 95 days (4 Months without 27 Days), with an annual simple flat interest rate of 3% if the commission fee (withdrawal or payment) is 0%. Feb 21 06:15 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 87,500 units (Dollar, Euro, Pound, etc.), from date: May 24, 2017, to date: Jun 24, 2037, namely for a period of 7,336 days (241 Months), with an annual simple flat interest rate of 8% if the commission fee (withdrawal or payment) is 1%. Feb 21 06:15 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 250,000 units (Dollar, Euro, Pound, etc.), from date: Dec 29, 2018, to date: Jan 29, 2048, namely for a period of 10,623 days (349 Months), with an annual simple flat interest rate of 4.45% if the commission fee (withdrawal or payment) is 0%. Feb 21 06:15 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 500,000 units (Dollar, Euro, Pound, etc.), from date: May 23, 2018, to date: Nov 23, 2018, namely for a period of 184 days (6 Months), with an annual simple flat interest rate of 20% if the commission fee (withdrawal or payment) is 0%. Feb 21 06:15 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 4,181.96 units (Dollar, Euro, Pound, etc.), from date: May 01, 2018, to date: May 05, 2018, namely for a period of 4 days, with an annual simple flat interest rate of 8% if the commission fee (withdrawal or payment) is 0%. Feb 21 06:14 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 76,586.43 units (Dollar, Euro, Pound, etc.), from date: Apr 29, 2018, to date: May 29, 2025, namely for a period of 2,587 days (85 Months), with an annual simple flat interest rate of 9% if the commission fee (withdrawal or payment) is 0%. Feb 21 06:14 UTC (GMT)
All users calculated simple flat rate interest values