Calculate the due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 2,040 units (Dollar, Euro, Pound, etc.), from date: Feb 3, 2016, to date: Sep 3, 2018, namely for a period of 943 days (31 Months), with an annual simple flat interest rate of 0.02% if the commission fee (withdrawal or payment) is 0%.

Principal (initial amount), P = 2,040


Annual simple interest rate, R = 0.02%


From date: Feb 3, 2016


To date: Sep 3, 2018


Duration, T = 943 days (31 Months)


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


No. of days in a year, N = 365


I = Simple interest:

I = (P × R × T) ÷ N =


(2,040 × 0.02% × 943) ÷ 365 =


(2,040 × 0.02 × 943) ÷ (365 × 100) =


38,474.4 ÷ 36,500 ≈


1.054093150685 ≈


1.05

B = Amount earned:

B = P + I =


2,040 + 1.054093150685 =


2,041.054093150685 ≈


2,041.05

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 2,040 units (Dollar, Euro, Pound, etc.), from date: Feb 03, 2016, to date: Sep 03, 2018, namely for a period of 943 days (31 Months), with an annual simple flat interest rate of 0.02% if the commission fee (withdrawal or payment) is 0%. Jun 25 07:55 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 230,600 units (Dollar, Euro, Pound, etc.), from date: Jan 10, 2019, to date: Jan 10, 2025, namely for a period of 2,192 days (72 Months), with an annual simple flat interest rate of 8.52% if the commission fee (withdrawal or payment) is 0%. Jun 25 07:55 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: Jul 01, 2012, to date: Jul 01, 2017, namely for a period of 1,826 days (60 Months), with an annual simple flat interest rate of 9% if the commission fee (withdrawal or payment) is 3%. Jun 25 07:55 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 15, 2018, to date: Jul 15, 2018, namely for a period of 30 days, with an annual simple flat interest rate of 36% if the commission fee (withdrawal or payment) is 0%. Jun 25 07:54 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 7,200 units (Dollar, Euro, Pound, etc.), from date: Oct 05, 2017, to date: Oct 09, 2017, namely for a period of 4 days, with an annual simple flat interest rate of 9.75% if the commission fee (withdrawal or payment) is 0%. Jun 25 07:54 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 15,650 units (Dollar, Euro, Pound, etc.), from date: May 12, 2018, to date: Jun 12, 2018, namely for a period of 31 days, with an annual simple flat interest rate of 14% if the commission fee (withdrawal or payment) is 0%. Jun 25 07:54 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 9,000 units (Dollar, Euro, Pound, etc.), from date: Jan 12, 2019, to date: Jan 12, 2022, namely for a period of 1,096 days (36 Months), with an annual simple flat interest rate of 2% if the commission fee (withdrawal or payment) is 0%. Jun 25 07:54 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 6,000 units (Dollar, Euro, Pound, etc.), from date: May 01, 2019, to date: Oct 01, 2019, namely for a period of 153 days (5 Months), with an annual simple flat interest rate of 18% if the commission fee (withdrawal or payment) is 0%. Jun 25 07:54 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 2,300 units (Dollar, Euro, Pound, etc.), from date: Jan 17, 2015, to date: Jan 18, 2019, namely for a period of 1,462 days (48 Months and 1 Day), with an annual simple flat interest rate of 2% if the commission fee (withdrawal or payment) is 0%. Jun 25 07:54 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 7,200 units (Dollar, Euro, Pound, etc.), from date: Oct 05, 2017, to date: Oct 09, 2017, namely for a period of 4 days, with an annual simple flat interest rate of 9.35% if the commission fee (withdrawal or payment) is 0%. Jun 25 07:54 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 2.049 units (Dollar, Euro, Pound, etc.), from date: May 10, 2017, to date: Jun 10, 2019, namely for a period of 761 days (25 Months), with an annual simple flat interest rate of 8% if the commission fee (withdrawal or payment) is 0%. Jun 25 07:54 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 1,000 units (Dollar, Euro, Pound, etc.), from date: Sep 20, 2017, to date: Sep 20, 2018, namely for a period of 365 days (12 Months), with an annual simple flat interest rate of 5% if the commission fee (withdrawal or payment) is 0%. Jun 25 07:54 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 700,000 units (Dollar, Euro, Pound, etc.), from date: Mar 05, 2018, to date: Jul 05, 2018, namely for a period of 122 days (4 Months), with an annual simple flat interest rate of 2% if the commission fee (withdrawal or payment) is 0%. Jun 25 07:54 UTC (GMT)
All users calculated simple flat rate interest values