Principal (initial amount), P = 3,015
Annual simple interest rate, R = 290%
From date: Nov 30, 2007
To date: Feb 28, 2018
Duration, T = 3,743 days (123 Months without 2 Days)
Commission fee (withdrawal or payment), F = 0%
No. of days in a year, N = 365
I = Simple interest:
I = (P × R × T) ÷ N =
(3,015 × 290% × 3,743) ÷ 365 =
(3,015 × 290 × 3,743) ÷ (365 × 100) =
3,272,692,050 ÷ 36,500 ≈
89,662.795890410959 ≈
89,662.8
B = Amount earned:
B = P + I =
3,015 + 89,662.795890410959 =
92,677.795890410959 ≈
92,677.8