Calculate the due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 3,200 units (Dollar, Euro, Pound, etc.), from date: Jan 7, 2018, to date: Jan 7, 2019, namely for a period of 365 days (12 Months), with an annual simple flat interest rate of 0.02% if the commission fee (withdrawal or payment) is 0%.

Principal (initial amount), P = 3,200


Annual simple interest rate, R = 0.02%


From date: Jan 7, 2018


To date: Jan 7, 2019


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 =


(3,200 × 0.02% × 365) ÷ 365 =


(3,200 × 0.02 × 365) ÷ (365 × 100) =


23,360 ÷ 36,500 =


0.64

B = Amount earned:

B = P + I =


3,200 + 0.64 =


3,200.64

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 3,200 units (Dollar, Euro, Pound, etc.), from date: Jan 07, 2018, to date: Jan 07, 2019, namely for a period of 365 days (12 Months), with an annual simple flat interest rate of 0.02% if the commission fee (withdrawal or payment) is 0%. Dec 12 12:41 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 100,000 units (Dollar, Euro, Pound, etc.), from date: Jul 29, 2017, to date: Aug 29, 2017, 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%. Dec 12 12:41 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 2,400 units (Dollar, Euro, Pound, etc.), from date: Sep 13, 2014, to date: Oct 13, 2018, namely for a period of 1,491 days (49 Months), with an annual simple flat interest rate of 0.24% if the commission fee (withdrawal or payment) is 0%. Dec 12 12:40 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: Jul 27, 2016, to date: Aug 27, 2016, namely for a period of 31 days, with an annual simple flat interest rate of 3% if the commission fee (withdrawal or payment) is 0%. Dec 12 12:40 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 2,000 units (Dollar, Euro, Pound, etc.), from date: Jan 01, 2018, to date: Feb 01, 2019, namely for a period of 396 days (13 Months), with an annual simple flat interest rate of 3% if the commission fee (withdrawal or payment) is 0%. Dec 12 12:39 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 3,410 units (Dollar, Euro, Pound, etc.), from date: Apr 28, 2016, to date: Oct 28, 2018, namely for a period of 913 days (30 Months), with an annual simple flat interest rate of 7.2% if the commission fee (withdrawal or payment) is 0%. Dec 12 12:39 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 40,000 units (Dollar, Euro, Pound, etc.), from date: Jan 01, 2017, to date: Mar 17, 2017, namely for a period of 75 days (2 Months and 16 Days), with an annual simple flat interest rate of 9% if the commission fee (withdrawal or payment) is 0%. Dec 12 12:38 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: Dec 16, 2015, to date: Jul 15, 2017, namely for a period of 577 days (19 Months without 1 Days), with an annual simple flat interest rate of 7.4% if the commission fee (withdrawal or payment) is 0%. Dec 12 12:37 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 200,159 units (Dollar, Euro, Pound, etc.), from date: Mar 25, 2018, to date: Apr 25, 2048, namely for a period of 10,989 days (361 Months), with an annual simple flat interest rate of 8% if the commission fee (withdrawal or payment) is 0%. Dec 12 12:37 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 02, 2008, to date: Jun 30, 2017, namely for a period of 3,132 days (102 Months and 28 Days), with an annual simple flat interest rate of 3% if the commission fee (withdrawal or payment) is 0%. Dec 12 12:37 UTC (GMT)
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: Feb 26, 2018, to date: Mar 26, 2018, namely for a period of 28 days, with an annual simple flat interest rate of 24% if the commission fee (withdrawal or payment) is 0%. Dec 12 12:37 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 3,619 units (Dollar, Euro, Pound, etc.), from date: Oct 12, 2018, to date: Nov 12, 2028, namely for a period of 3,684 days (121 Months), with an annual simple flat interest rate of 3% if the commission fee (withdrawal or payment) is 0%. Dec 12 12:37 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: Feb 21, 2017, to date: Mar 21, 2017, namely for a period of 28 days, with an annual simple flat interest rate of 3% if the commission fee (withdrawal or payment) is 0%. Dec 12 12:35 UTC (GMT)
All users calculated simple flat rate interest values