Calculate the due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 402.22 units (Dollar, Euro, Pound, etc.), from date: Jun 29, 2016, to date: Jul 30, 2017, namely for a period of 396 days (13 Months and 1 Day), with an annual simple flat interest rate of 1% if the commission fee (withdrawal or payment) is 0%.

Principal (initial amount), P = 402.22


Annual simple interest rate, R = 1%


From date: Jun 29, 2016


To date: Jul 30, 2017


Duration, T = 396 days (13 Months and 1 Day)


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


No. of days in a year, N = 365


I = Simple interest:

I = (P × R × T) ÷ N =


(402.22 × 1% × 396) ÷ 365 =


(402.22 × 1 × 396) ÷ (365 × 100) =


159,279.12 ÷ 36,500 ≈


4.363811506849 ≈


4.36

B = Amount earned:

B = P + I =


402.22 + 4.363811506849 =


406.583811506849 ≈


406.58

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 402.22 units (Dollar, Euro, Pound, etc.), from date: Jun 29, 2016, to date: Jul 30, 2017, namely for a period of 396 days (13 Months and 1 Day), with an annual simple flat interest rate of 1% if the commission fee (withdrawal or payment) is 0%. Jan 16 08:52 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 22, 2018, to date: May 22, 2038, namely for a period of 7,335 days (241 Months), with an annual simple flat interest rate of 2% if the commission fee (withdrawal or payment) is 0%. Jan 16 08:52 UTC (GMT)
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 29, 2014, to date: Dec 30, 2016, namely for a period of 1,066 days (35 Months and 1 Day), with an annual simple flat interest rate of 8% if the commission fee (withdrawal or payment) is 0%. Jan 16 08:51 UTC (GMT)
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: Oct 04, 2017, to date: Nov 04, 2017, namely for a period of 31 days, with an annual simple flat interest rate of 7% if the commission fee (withdrawal or payment) is 0.5%. Jan 16 08:51 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 8,500 units (Dollar, Euro, Pound, etc.), from date: Sep 28, 2017, to date: Jul 28, 2018, namely for a period of 303 days (10 Months), with an annual simple flat interest rate of 6% if the commission fee (withdrawal or payment) is 0%. Jan 16 08:51 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 500 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 1.4% if the commission fee (withdrawal or payment) is 0%. Jan 16 08:51 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: Jun 14, 2018, to date: Jul 14, 2018, namely for a period of 30 days, with an annual simple flat interest rate of 24% if the commission fee (withdrawal or payment) is 0%. Jan 16 08:51 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 8,500 units (Dollar, Euro, Pound, etc.), from date: Sep 28, 2017, to date: Jul 28, 2018, namely for a period of 303 days (10 Months), with an annual simple flat interest rate of 6% if the commission fee (withdrawal or payment) is 0%. Jan 16 08:51 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: May 01, 2018, to date: Nov 01, 2018, namely for a period of 184 days (6 Months), with an annual simple flat interest rate of 3.95% if the commission fee (withdrawal or payment) is 0%. Jan 16 08:51 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: Oct 17, 2018, to date: Oct 17, 2022, namely for a period of 1,461 days (48 Months), with an annual simple flat interest rate of 4% if the commission fee (withdrawal or payment) is 0%. Jan 16 08:50 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 99.3372 units (Dollar, Euro, Pound, etc.), from date: Jul 17, 2018, to date: Aug 17, 2018, namely for a period of 31 days, with an annual simple flat interest rate of 2.5% if the commission fee (withdrawal or payment) is 0%. Jan 16 08:49 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 33,000 units (Dollar, Euro, Pound, etc.), from date: Sep 05, 2017, to date: Aug 05, 2022, namely for a period of 1,795 days (59 Months), with an annual simple flat interest rate of 4.9% if the commission fee (withdrawal or payment) is 0%. Jan 16 08:48 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 8,995 units (Dollar, Euro, Pound, etc.), from date: May 27, 2017, to date: Dec 27, 2017, namely for a period of 214 days (7 Months), with an annual simple flat interest rate of 1% if the commission fee (withdrawal or payment) is 0.2%. Jan 16 08:47 UTC (GMT)
All users calculated simple flat rate interest values