Calculate the due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 0 units (Dollar, Euro, Pound, etc.), from date: Apr 27, 522, to date: Dec 27, 2017, namely for a period of 546,282 days (17,948 Months), with an annual simple flat interest rate of 7% if the commission fee (withdrawal) is 968%.

Principal (initial amount), P = 0


Annual simple interest rate, R = 7%


From date: Apr 27, 522


To date: Dec 27, 2017


Duration, T = 546,282 days (17,948 Months)


Commission fee (withdrawal), F = 968%


No. of days in a year, N = 365


I = Simple interest:

I = (P × R × T) ÷ N =


(0 × 7% × 546,282) ÷ 365 =


(0 × 7 × 546,282) ÷ (365 × 100) =


0 ÷ 36,500 =


0

B = Amount earned before deducting the
commission fee (withdrawal):

B = P + I =


0 + 0 =


0

D = Amount earned after deducting the
commission fee (withdrawal):

D = B - F =


B - F% × B =


(1 - F%) × B =


(1 - 968%) × 0 =


- 868% × 0 =


0

Pr = Investment profit:

Pr = D - P =


0 - 0 =


0

Signs: % percent, ÷ divide, × multiply, = 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

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