Calculate the due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 100 units (Dollar, Euro, Pound, etc.), from date: Jul 27, 2016, to date: Aug 27, 2016, 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%.

Principal (initial amount), P = 100


Annual simple interest rate, R = 3%


From date: Jul 27, 2016


To date: Aug 27, 2016


Duration, T = 31 days


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


No. of days in a year, N = 365


I = Simple interest:

I = (P × R × T) ÷ N =


(100 × 3% × 31) ÷ 365 =


(100 × 3 × 31) ÷ (365 × 100) =


9,300 ÷ 36,500 ≈


0.254794520548 ≈


0.25

B = Amount earned:

B = P + I =


100 + 0.254794520548 =


100.254794520548 ≈


100.25

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 100 units (Dollar, Euro, Pound, etc.), from date: Jul 27, 2016, to date: Aug 27, 2016, 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%. Jun 25 08:06 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 5,600 units (Dollar, Euro, Pound, etc.), from date: May 17, 2008, to date: Jun 17, 2018, namely for a period of 3,683 days (121 Months), with an annual simple flat interest rate of 0.02% if the commission fee (withdrawal or payment) is 0%. Jun 25 08:06 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 30,000 units (Dollar, Euro, Pound, etc.), from date: Dec 18, 2018, to date: Jan 18, 2023, namely for a period of 1,492 days (49 Months), with an annual simple flat interest rate of 7.77% if the commission fee (withdrawal or payment) is 0%. Jun 25 08:06 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: Sep 30, 2012, to date: Sep 30, 2018, namely for a period of 2,191 days (72 Months), with an annual simple flat interest rate of 0.02% if the commission fee (withdrawal or payment) is 0%. Jun 25 08:06 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 23, 2019, to date: Apr 23, 2019, namely for a period of 31 days, with an annual simple flat interest rate of 0.2% if the commission fee (withdrawal or payment) is 0%. Jun 25 08:06 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 885 units (Dollar, Euro, Pound, etc.), from date: Nov 27, 2018, to date: Jan 02, 2019, namely for a period of 36 days (2 Months without 25 Days), with an annual simple flat interest rate of 15% if the commission fee (withdrawal or payment) is 0%. Jun 25 08:06 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: Sep 19, 2017, to date: Oct 19, 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 0%. Jun 25 08:06 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: Apr 20, 2018, to date: Apr 20, 2023, namely for a period of 1,826 days (60 Months), with an annual simple flat interest rate of 16.04% if the commission fee (withdrawal or payment) is 0%. Jun 25 08:06 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 415.81 units (Dollar, Euro, Pound, etc.), from date: Aug 21, 2015, to date: Nov 29, 2017, namely for a period of 831 days (27 Months and 8 Days), with an annual simple flat interest rate of 6% if the commission fee (withdrawal or payment) is 0%. Jun 25 08:05 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 37,800 units (Dollar, Euro, Pound, etc.), from date: Jul 28, 2018, to date: Aug 28, 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 0%. Jun 25 08:05 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 12,700 units (Dollar, Euro, Pound, etc.), from date: Jul 30, 2018, to date: Jan 30, 2019, namely for a period of 184 days (6 Months), with an annual simple flat interest rate of 1.75% if the commission fee (withdrawal or payment) is 0%. Jun 25 08:05 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: Dec 04, 2018, to date: Jan 04, 2022, namely for a period of 1,127 days (37 Months), with an annual simple flat interest rate of 6% if the commission fee (withdrawal or payment) is 0%. Jun 25 08:05 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: Jul 11, 2018, to date: Aug 11, 2018, namely for a period of 31 days, with an annual simple flat interest rate of 15% if the commission fee (withdrawal or payment) is 0%. Jun 25 08:05 UTC (GMT)
All users calculated simple flat rate interest values