Calculate the due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 10 units (Dollar, Euro, Pound, etc.), from date: Aug 5, 2018, to date: Sep 5, 2018, namely for a period of 31 days, with an annual simple flat interest rate of 2% if the commission fee (withdrawal or payment) is 76%.

Principal (initial amount), P = 10


Annual simple interest rate, R = 2%


From date: Aug 5, 2018


To date: Sep 5, 2018


Duration, T = 31 days


Commission fee (withdrawal or payment), F = 76%


No. of days in a year, N = 365


I = Simple interest:

I = (P × R × T) ÷ N =


(10 × 2% × 31) ÷ 365 =


(10 × 2 × 31) ÷ (365 × 100) =


620 ÷ 36,500 ≈


0.01698630137 ≈


0.02

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

B = P + I =


10 + 0.01698630137 =


10.01698630137 ≈


10.02

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

D = B - F =


B - F% × B =


(1 - F%) × B =


(1 - 76%) × 10.01698630137 =


24% × 10.01698630137 ≈


2.404076712329 ≈


2.4

Pr = Investment profit:

Pr = D - P =


2.404076712329 - 10 =


- 7.595923287671 ≈


- 7.6

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 10 units (Dollar, Euro, Pound, etc.), from date: Aug 05, 2018, to date: Sep 05, 2018, namely for a period of 31 days, with an annual simple flat interest rate of 2% if the commission fee (withdrawal or payment) is 76%. Aug 07 00:07 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 40,000 units (Dollar, Euro, Pound, etc.), from date: Aug 16, 2019, to date: Sep 16, 2019, namely for a period of 31 days, with an annual simple flat interest rate of 2% if the commission fee (withdrawal or payment) is 0%. Aug 07 00:07 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 846 units (Dollar, Euro, Pound, etc.), from date: Jul 10, 2017, to date: Jul 10, 2027, namely for a period of 3,652 days (120 Months), with an annual simple flat interest rate of 3% if the commission fee (withdrawal or payment) is 0%. Aug 07 00:06 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 500 units (Dollar, Euro, Pound, etc.), from date: Mar 12, 2018, to date: Apr 12, 2019, namely for a period of 396 days (13 Months), with an annual simple flat interest rate of 6% if the commission fee (withdrawal or payment) is 0%. Aug 07 00:06 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 366 units (Dollar, Euro, Pound, etc.), from date: Jun 16, 2017, to date: Nov 16, 2017, namely for a period of 153 days (5 Months), with an annual simple flat interest rate of 20% if the commission fee (withdrawal or payment) is 0%. Aug 07 00:06 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 2,870 units (Dollar, Euro, Pound, etc.), from date: Jul 20, 2016, to date: Apr 20, 2017, namely for a period of 274 days (9 Months), with an annual simple flat interest rate of 2% if the commission fee (withdrawal or payment) is 0.5%. Aug 07 00:06 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 11.5 units (Dollar, Euro, Pound, etc.), from date: Aug 28, 2015, to date: Aug 08, 2020, namely for a period of 1,807 days (60 Months without 20 Days), with an annual simple flat interest rate of 6% if the commission fee (withdrawal or payment) is 6%. Aug 07 00:06 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: Jul 06, 2010, to date: Aug 06, 2018, namely for a period of 2,953 days (97 Months), with an annual simple flat interest rate of 2% if the commission fee (withdrawal or payment) is 754%. Aug 07 00:06 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 27, 2015, to date: Mar 27, 2018, namely for a period of 1,124 days (37 Months), with an annual simple flat interest rate of 20% if the commission fee (withdrawal or payment) is 656%. Aug 07 00:06 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: Sep 08, 0430, to date: Jun 08, 2017, namely for a period of 579,548 days (19,041 Months), with an annual simple flat interest rate of 3.1% if the commission fee (withdrawal or payment) is 0%. Aug 07 00:06 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: Jan 20, 2018, to date: Dec 30, 2018, namely for a period of 344 days (11 Months and 10 Days), with an annual simple flat interest rate of 4% if the commission fee (withdrawal or payment) is 0%. Aug 07 00:05 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 24,500,000 units (Dollar, Euro, Pound, etc.), from date: Feb 27, 1985, to date: Feb 27, 2019, namely for a period of 12,418 days (408 Months), with an annual simple flat interest rate of 170% if the commission fee (withdrawal or payment) is 0%. Aug 07 00:05 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 345,000 units (Dollar, Euro, Pound, etc.), from date: Mar 05, 2020, to date: Apr 05, 2040, namely for a period of 7,336 days (241 Months), with an annual simple flat interest rate of 2% if the commission fee (withdrawal or payment) is 0%. Aug 07 00:05 UTC (GMT)
All users calculated simple flat rate interest values