Calculate the due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 300 units (Dollar, Euro, Pound, etc.), from date: Aug 7, 2017, to date: Aug 15, 2017, namely for a period of 8 days, with an annual simple flat interest rate of 12% if the commission fee (withdrawal or payment) is 0%.

Principal (initial amount), P = 300

Annual simple interest rate, R = 12%

From date: Aug 7, 2017

To date: Aug 15, 2017

Duration, T = 8 days

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

No. of days in a year, N = 365


I = Simple interest:

I = (P × R × T) ÷ N =

(300 × 12% × 8) ÷ 365 =

(300 × 12 × 8) ÷ (365 × 100) =

28,800 ÷ 36,500 ≈

0.78904109589 ≈

0.79

B = Amount earned:

B = P + I =

300 + 0.78904109589 =

300.78904109589 ≈

300.79

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 300 units (Dollar, Euro, Pound, etc.), from date: Aug 07, 2017, to date: Aug 15, 2017, namely for a period of 8 days, with an annual simple flat interest rate of 12% if the commission fee (withdrawal or payment) is 0%. Feb 21 05:54 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 952 units (Dollar, Euro, Pound, etc.), from date: Feb 06, 2018, to date: Jun 06, 2018, namely for a period of 120 days (4 Months), with an annual simple flat interest rate of 8% if the commission fee (withdrawal or payment) is 0%. Feb 21 05:54 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 600 units (Dollar, Euro, Pound, etc.), from date: Feb 14, 2017, to date: Nov 14, 2017, namely for a period of 273 days (9 Months), with an annual simple flat interest rate of 5% if the commission fee (withdrawal or payment) is 0%. Feb 21 05:54 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 14,400 units (Dollar, Euro, Pound, etc.), from date: Jan 25, 2018, to date: Jul 25, 2018, namely for a period of 181 days (6 Months), with an annual simple flat interest rate of 3% if the commission fee (withdrawal or payment) is 0%. Feb 21 05:54 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 60,000 units (Dollar, Euro, Pound, etc.), from date: Nov 18, 2018, to date: Nov 18, 2023, namely for a period of 1,826 days (60 Months), with an annual simple flat interest rate of 20% if the commission fee (withdrawal or payment) is 0%. Feb 21 05:54 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: Mar 25, 2017, to date: Mar 25, 2022, namely for a period of 1,826 days (60 Months), with an annual simple flat interest rate of 12% if the commission fee (withdrawal or payment) is 0%. Feb 21 05:54 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 68,181.82 units (Dollar, Euro, Pound, etc.), from date: Aug 27, 2015, to date: Dec 30, 2016, namely for a period of 491 days (16 Months and 3 Days), with an annual simple flat interest rate of 8% if the commission fee (withdrawal or payment) is 0%. Feb 21 05:54 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 1,825 units (Dollar, Euro, Pound, etc.), from date: Mar 15, 2015, to date: Dec 31, 2015, namely for a period of 291 days (9 Months and 16 Days), with an annual simple flat interest rate of 24% if the commission fee (withdrawal or payment) is 0%. Feb 21 05:54 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 4,523 units (Dollar, Euro, Pound, etc.), from date: Nov 01, 2013, to date: Nov 01, 2016, namely for a period of 1,096 days (36 Months), with an annual simple flat interest rate of 1% if the commission fee (withdrawal or payment) is 0%. Feb 21 05:54 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 15,000 units (Dollar, Euro, Pound, etc.), from date: Jun 21, 2017, to date: Jul 21, 2018, namely for a period of 395 days (13 Months), with an annual simple flat interest rate of 1.85% if the commission fee (withdrawal or payment) is 0%. Feb 21 05:54 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 3,000 units (Dollar, Euro, Pound, etc.), from date: Mar 05, 2018, to date: Apr 05, 2018, namely for a period of 31 days, with an annual simple flat interest rate of 12% if the commission fee (withdrawal or payment) is 0%. Feb 21 05:53 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: Apr 24, 2018, to date: May 24, 2020, namely for a period of 761 days (25 Months), with an annual simple flat interest rate of 2% if the commission fee (withdrawal or payment) is 0%. Feb 21 05:53 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 28,140 units (Dollar, Euro, Pound, etc.), from date: Jan 04, 2018, to date: Jan 04, 2021, namely for a period of 1,096 days (36 Months), with an annual simple flat interest rate of 5.67% if the commission fee (withdrawal or payment) is 28,140%. Feb 21 05:53 UTC (GMT)
All users calculated simple flat rate interest values