Calculate the due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 600 units (Dollar, Euro, Pound, etc.), from date: May 1, 2017, to date: Jun 20, 2017, namely for a period of 50 days (1 Month and 19 Days), with an annual simple flat interest rate of 12% if the commission fee (withdrawal or payment) is 0%.

Principal (initial amount), P = 600


Annual simple interest rate, R = 12%


From date: May 1, 2017


To date: Jun 20, 2017


Duration, T = 50 days (1 Month and 19 Days)


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


No. of days in a year, N = 365


I = Simple interest:

I = (P × R × T) ÷ N =


(600 × 12% × 50) ÷ 365 =


(600 × 12 × 50) ÷ (365 × 100) =


360,000 ÷ 36,500 ≈


9.86301369863 ≈


9.86

B = Amount earned:

B = P + I =


600 + 9.86301369863 =


609.86301369863 ≈


609.86

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 600 units (Dollar, Euro, Pound, etc.), from date: May 01, 2017, to date: Jun 20, 2017, namely for a period of 50 days (1 Month and 19 Days), with an annual simple flat interest rate of 12% if the commission fee (withdrawal or payment) is 0%. Dec 12 12:28 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 80 units (Dollar, Euro, Pound, etc.), from date: Jun 06, 2017, to date: Jun 06, 2018, namely for a period of 365 days (12 Months), with an annual simple flat interest rate of 12% if the commission fee (withdrawal or payment) is 0%. Dec 12 12:27 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 17,000 units (Dollar, Euro, Pound, etc.), from date: Jun 01, 2017, to date: Jan 24, 2018, namely for a period of 237 days (7 Months and 23 Days), with an annual simple flat interest rate of 0.29% if the commission fee (withdrawal or payment) is 0%. Dec 12 12:26 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: Dec 09, 2016, to date: Jan 09, 2017, 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 12:25 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 27,000 units (Dollar, Euro, Pound, etc.), from date: Jul 27, 2018, to date: Jul 27, 2019, namely for a period of 365 days (12 Months), with an annual simple flat interest rate of 2% if the commission fee (withdrawal or payment) is 0%. Dec 12 12:24 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: Jul 02, 2018, to date: Jul 02, 2023, namely for a period of 1,826 days (60 Months), with an annual simple flat interest rate of 75% if the commission fee (withdrawal or payment) is 0%. Dec 12 12:24 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 02, 2017, to date: Dec 02, 2017, namely for a period of 30 days, with an annual simple flat interest rate of 3% if the commission fee (withdrawal or payment) is 0%. Dec 12 12:22 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: Jan 15, 2018, to date: Jan 15, 2023, namely for a period of 1,826 days (60 Months), with an annual simple flat interest rate of 3% if the commission fee (withdrawal or payment) is 0%. Dec 12 12:22 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 7,200 units (Dollar, Euro, Pound, etc.), from date: Nov 06, 2017, to date: Nov 10, 2017, namely for a period of 4 days, with an annual simple flat interest rate of 9% if the commission fee (withdrawal or payment) is 0%. Dec 12 12:21 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 27,000 units (Dollar, Euro, Pound, etc.), from date: Jul 27, 2018, to date: Jul 27, 2019, namely for a period of 365 days (12 Months), with an annual simple flat interest rate of 2% if the commission fee (withdrawal or payment) is 0%. Dec 12 12:21 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: Nov 15, 2018, to date: Dec 15, 2018, namely for a period of 30 days, with an annual simple flat interest rate of 6% if the commission fee (withdrawal or payment) is 0%. Dec 12 12:20 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: Jun 06, 2017, to date: Jul 06, 2018, namely for a period of 395 days (13 Months), with an annual simple flat interest rate of 2% if the commission fee (withdrawal or payment) is 17%. Dec 12 12:19 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: Jul 05, 2018, to date: Aug 05, 2038, namely for a period of 7,336 days (241 Months), with an annual simple flat interest rate of 6% if the commission fee (withdrawal or payment) is 0%. Dec 12 12:19 UTC (GMT)
All users calculated simple flat rate interest values