Calculate the due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 7,000 units (Dollar, Euro, Pound, etc.), from date: May 15, 2018, to date: Aug 15, 2018, namely for a period of 92 days (3 Months), with an annual simple flat interest rate of 2% if the commission fee (withdrawal or payment) is 0%.

Principal (initial amount), P = 7,000

Annual simple interest rate, R = 2%

From date: May 15, 2018

To date: Aug 15, 2018

Duration, T = 92 days (3 Months)

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

No. of days in a year, N = 365


I = Simple interest:

I = (P × R × T) ÷ N =

(7,000 × 2% × 92) ÷ 365 =

(7,000 × 2 × 92) ÷ (365 × 100) =

1,288,000 ÷ 36,500 ≈

35.287671232877 ≈

35.29

B = Amount earned:

B = P + I =

7,000 + 35.287671232877 =

7,035.287671232877 ≈

7,035.29

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 7,000 units (Dollar, Euro, Pound, etc.), from date: May 15, 2018, to date: Aug 15, 2018, namely for a period of 92 days (3 Months), with an annual simple flat interest rate of 2% if the commission fee (withdrawal or payment) is 0%. Dec 12 12:09 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: Nov 10, 2017, to date: Dec 10, 2017, namely for a period of 30 days, with an annual simple flat interest rate of 2% if the commission fee (withdrawal or payment) is 4%. Dec 12 12:09 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 29, 2017, to date: Jul 15, 2017, namely for a period of 16 days, with an annual simple flat interest rate of 3% if the commission fee (withdrawal or payment) is 0%. Dec 12 12:09 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 2,003.45 units (Dollar, Euro, Pound, etc.), from date: Sep 22, 2018, to date: Oct 22, 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%. Dec 12 12:09 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: May 12, 2017, to date: Jun 12, 2027, namely for a period of 3,683 days (121 Months), with an annual simple flat interest rate of 10% if the commission fee (withdrawal or payment) is 0%. Dec 12 12:07 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 100,000,000 units (Dollar, Euro, Pound, etc.), from date: Jan 01, 2017, to date: May 01, 2017, namely for a period of 120 days (4 Months), with an annual simple flat interest rate of 0.95% if the commission fee (withdrawal or payment) is 0%. Dec 12 12:07 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 1,200 units (Dollar, Euro, Pound, etc.), from date: Jan 01, 2018, to date: Jan 01, 2019, namely for a period of 365 days (12 Months), with an annual simple flat interest rate of 10% if the commission fee (withdrawal or payment) is 0%. Dec 12 12:07 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 9,637 units (Dollar, Euro, Pound, etc.), from date: May 07, 2017, to date: Jun 07, 2017, namely for a period of 31 days, with an annual simple flat interest rate of 35% if the commission fee (withdrawal or payment) is 0%. Dec 12 12:06 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 36,300 units (Dollar, Euro, Pound, etc.), from date: Jun 16, 2016, to date: Mar 12, 2017, namely for a period of 269 days (9 Months without 4 Days), with an annual simple flat interest rate of 3.7% if the commission fee (withdrawal or payment) is 1%. Dec 12 12:01 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: Aug 27, 2007, to date: Sep 27, 2018, namely for a period of 4,049 days (133 Months), with an annual simple flat interest rate of 0.02% if the commission fee (withdrawal or payment) is 132%. Dec 12 12:01 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 200,000 units (Dollar, Euro, Pound, etc.), from date: Jun 18, 2018, to date: Oct 31, 2018, namely for a period of 135 days (4 Months and 13 Days), with an annual simple flat interest rate of 2% if the commission fee (withdrawal or payment) is 0%. Dec 12 12:01 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 650,000,000 units (Dollar, Euro, Pound, etc.), from date: Jul 08, 2008, to date: Jun 20, 2018, namely for a period of 3,634 days (119 Months and 12 Days), with an annual simple flat interest rate of 41% if the commission fee (withdrawal or payment) is 0%. Dec 12 11:59 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 17,952 units (Dollar, Euro, Pound, etc.), from date: Jan 04, 2013, to date: Mar 31, 2013, namely for a period of 86 days (2 Months and 27 Days), with an annual simple flat interest rate of 8% if the commission fee (withdrawal or payment) is 0%. Dec 12 11:59 UTC (GMT)
All users calculated simple flat rate interest values