Calculate the due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 952 units (Dollar, Euro, Pound, etc.), from date: Feb 6, 2018, to date: Jun 6, 2018, namely for a period of 120 days (4 Months), with an annual simple flat interest rate of 8% if the commission fee (withdrawal or payment) is 0%.

Principal (initial amount), P = 952

Annual simple interest rate, R = 8%

From date: Feb 6, 2018

To date: Jun 6, 2018

Duration, T = 120 days (4 Months)

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

No. of days in a year, N = 365


I = Simple interest:

I = (P × R × T) ÷ N =

(952 × 8% × 120) ÷ 365 =

(952 × 8 × 120) ÷ (365 × 100) =

913,920 ÷ 36,500 =

25.038904109589 ≈

25.04

B = Amount earned:

B = P + I =

952 + 25.038904109589 =

977.038904109589 ≈

977.04

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 952 units (Dollar, Euro, Pound, etc.), from date: Feb 06, 2018, to date: Jun 06, 2018, namely for a period of 120 days (4 Months), with an annual simple flat interest rate of 8% if the commission fee (withdrawal or payment) is 0%. Dec 12 12:11 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 600 units (Dollar, Euro, Pound, etc.), from date: Feb 14, 2017, to date: Nov 14, 2017, namely for a period of 273 days (9 Months), with an annual simple flat interest rate of 5% if the commission fee (withdrawal or payment) is 0%. Dec 12 12:11 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 20,000 units (Dollar, Euro, Pound, etc.), from date: Mar 25, 2017, to date: Mar 25, 2022, namely for a period of 1,826 days (60 Months), with an annual simple flat interest rate of 12% if the commission fee (withdrawal or payment) is 0%. Dec 12 12:10 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 1,825 units (Dollar, Euro, Pound, etc.), from date: Mar 15, 2015, to date: Dec 31, 2015, namely for a period of 291 days (9 Months and 16 Days), with an annual simple flat interest rate of 24% if the commission fee (withdrawal or payment) is 0%. Dec 12 12:10 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 15,000 units (Dollar, Euro, Pound, etc.), from date: Jun 21, 2017, to date: Jul 21, 2018, namely for a period of 395 days (13 Months), with an annual simple flat interest rate of 1.85% if the commission fee (withdrawal or payment) is 0%. Dec 12 12:10 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 24, 2018, to date: May 24, 2020, namely for a period of 761 days (25 Months), with an annual simple flat interest rate of 2% if the commission fee (withdrawal or payment) is 0%. Dec 12 12:10 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 95,000 units (Dollar, Euro, Pound, etc.), from date: Jun 05, 2018, to date: Jun 05, 2028, namely for a period of 3,653 days (120 Months), with an annual simple flat interest rate of 5% if the commission fee (withdrawal or payment) is 0%. Dec 12 12:10 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 01, 2017, to date: Mar 01, 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 12:10 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 196 units (Dollar, Euro, Pound, etc.), from date: Mar 06, 2013, to date: Apr 27, 2016, namely for a period of 1,148 days (37 Months and 21 Days), with an annual simple flat interest rate of 8% if the commission fee (withdrawal or payment) is 0%. Dec 12 12:10 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: Feb 09, 2018, to date: Mar 09, 2018, namely for a period of 28 days, with an annual simple flat interest rate of 2% if the commission fee (withdrawal or payment) is 0%. Dec 12 12:10 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 22, 2017, to date: Jun 22, 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 12:10 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: May 14, 2012, to date: Mar 30, 2016, namely for a period of 1,416 days (46 Months and 16 Days), with an annual simple flat interest rate of 8% if the commission fee (withdrawal or payment) is 0%. Dec 12 12:10 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 90,000 units (Dollar, Euro, Pound, etc.), from date: Mar 01, 2017, to date: Mar 01, 2022, namely for a period of 1,826 days (60 Months), with an annual simple flat interest rate of 7% if the commission fee (withdrawal or payment) is 0%. Dec 12 12:10 UTC (GMT)
All users calculated simple flat rate interest values