Calculate the due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 50,000 units (Dollar, Euro, Pound, etc.), from date: Dec 3, 2017, to date: Dec 3, 2018, namely for a period of 365 days (12 Months), with an annual simple flat interest rate of 3% if the commission fee (withdrawal or payment) is 0%.

Principal (initial amount), P = 50,000


Annual simple interest rate, R = 3%


From date: Dec 3, 2017


To date: Dec 3, 2018


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 =


(50,000 × 3% × 365) ÷ 365 =


(50,000 × 3 × 365) ÷ (365 × 100) =


54,750,000 ÷ 36,500 =


1,500

B = Amount earned:

B = P + I =


50,000 + 1,500 =


51,500

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 5,000 units (Dollar, Euro, Pound, etc.), from date: May 08, 2018, to date: Sep 08, 2018, namely for a period of 123 days (4 Months), with an annual simple flat interest rate of 3% if the commission fee (withdrawal or payment) is 0%. Mar 24 09:40 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 50,000 units (Dollar, Euro, Pound, etc.), from date: Dec 03, 2017, to date: Dec 03, 2018, namely for a period of 365 days (12 Months), with an annual simple flat interest rate of 3% if the commission fee (withdrawal or payment) is 0%. Mar 24 09:40 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 6,800 units (Dollar, Euro, Pound, etc.), from date: Dec 31, 2018, to date: Jan 31, 2045, namely for a period of 9,528 days (313 Months), with an annual simple flat interest rate of 2% if the commission fee (withdrawal or payment) is 0%. Mar 24 09:40 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 383.31 units (Dollar, Euro, Pound, etc.), from date: Mar 12, 2013, to date: Jul 15, 2013, namely for a period of 125 days (4 Months and 3 Days), with an annual simple flat interest rate of 8.2% if the commission fee (withdrawal or payment) is 0%. Mar 24 09:39 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 28,000 units (Dollar, Euro, Pound, etc.), from date: Aug 27, 2018, to date: Aug 27, 2019, namely for a period of 365 days (12 Months), with an annual simple flat interest rate of 4% if the commission fee (withdrawal or payment) is 0%. Mar 24 09:39 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: Sep 11, 2017, to date: Sep 18, 2017, namely for a period of 7 days, with an annual simple flat interest rate of 1,400% if the commission fee (withdrawal or payment) is 0%. Mar 24 09:39 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 82,000 units (Dollar, Euro, Pound, etc.), from date: Jun 14, 2017, to date: Jul 14, 2027, namely for a period of 3,682 days (121 Months), with an annual simple flat interest rate of 1% if the commission fee (withdrawal or payment) is 0%. Mar 24 09:39 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 800 units (Dollar, Euro, Pound, etc.), from date: Mar 29, 2008, to date: Apr 29, 2018, namely for a period of 3,683 days (121 Months), with an annual simple flat interest rate of 2% if the commission fee (withdrawal or payment) is 0%. Mar 24 09:39 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: Nov 09, 2018, to date: Dec 09, 2018, namely for a period of 30 days, with an annual simple flat interest rate of 0.7% if the commission fee (withdrawal or payment) is 0%. Mar 24 09:39 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: Mar 15, 2019, to date: Apr 15, 2044, namely for a period of 9,163 days (301 Months), with an annual simple flat interest rate of 1.6% if the commission fee (withdrawal or payment) is 1.6%. Mar 24 09:39 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 621 units (Dollar, Euro, Pound, etc.), from date: Apr 03, 2015, to date: Dec 13, 2018, namely for a period of 1,350 days (44 Months and 10 Days), with an annual simple flat interest rate of 2% if the commission fee (withdrawal or payment) is 0%. Mar 24 09:38 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 4,400 units (Dollar, Euro, Pound, etc.), from date: Feb 12, 2018, to date: Feb 12, 2023, namely for a period of 1,826 days (60 Months), with an annual simple flat interest rate of 0.02% if the commission fee (withdrawal or payment) is 0%. Mar 24 09:38 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: Sep 04, 2018, to date: Jul 04, 2019, namely for a period of 303 days (10 Months), with an annual simple flat interest rate of 6.68% if the commission fee (withdrawal or payment) is 0%. Mar 24 09:38 UTC (GMT)
All users calculated simple flat rate interest values