Calculate the due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 3,970 units (Dollar, Euro, Pound, etc.), from date: Sep 1, 2012, to date: Aug 30, 2018, namely for a period of 2,189 days (71 Months and 29 Days), with an annual simple flat interest rate of 0.02% if the commission fee (withdrawal or payment) is 0%.

Principal (initial amount), P = 3,970


Annual simple interest rate, R = 0.02%


From date: Sep 1, 2012


To date: Aug 30, 2018


Duration, T = 2,189 days (71 Months and 29 Days)


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


No. of days in a year, N = 365


I = Simple interest:

I = (P × R × T) ÷ N =


(3,970 × 0.02% × 2,189) ÷ 365 =


(3,970 × 0.02 × 2,189) ÷ (365 × 100) =


173,806.6 ÷ 36,500 ≈


4.761824657534 ≈


4.76

B = Amount earned:

B = P + I =


3,970 + 4.761824657534 =


3,974.761824657534 ≈


3,974.76

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 3,970 units (Dollar, Euro, Pound, etc.), from date: Sep 01, 2012, to date: Aug 30, 2018, namely for a period of 2,189 days (71 Months and 29 Days), with an annual simple flat interest rate of 0.02% if the commission fee (withdrawal or payment) is 0%. Jun 25 07:57 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: May 08, 2019, to date: Jul 08, 2019, namely for a period of 61 days (2 Months), with an annual simple flat interest rate of 2% if the commission fee (withdrawal or payment) is 0%. Jun 25 07:57 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: Apr 12, 2018, to date: Jul 17, 2018, namely for a period of 96 days (3 Months and 5 Days), with an annual simple flat interest rate of 8% if the commission fee (withdrawal or payment) is 0%. Jun 25 07:57 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: May 04, 2009, to date: Apr 04, 2018, namely for a period of 3,257 days (107 Months), with an annual simple flat interest rate of 7.3% if the commission fee (withdrawal or payment) is 0%. Jun 25 07:56 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 45,000 units (Dollar, Euro, Pound, etc.), from date: Feb 12, 2019, to date: Mar 12, 2019, namely for a period of 28 days, with an annual simple flat interest rate of 2% if the commission fee (withdrawal or payment) is 0%. Jun 25 07:56 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 2,800 units (Dollar, Euro, Pound, etc.), from date: May 01, 2016, to date: Sep 01, 2018, namely for a period of 853 days (28 Months), with an annual simple flat interest rate of 0.02% if the commission fee (withdrawal or payment) is 0%. Jun 25 07:56 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 90,000 units (Dollar, Euro, Pound, etc.), from date: Feb 15, 2019, to date: Mar 15, 2024, namely for a period of 1,855 days (61 Months), with an annual simple flat interest rate of 7% if the commission fee (withdrawal or payment) is 0%. Jun 25 07:56 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: Feb 09, 2017, to date: Mar 09, 2117, namely for a period of 36,552 days (1,201 Months), with an annual simple flat interest rate of 5% if the commission fee (withdrawal or payment) is 0%. Jun 25 07:56 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 22, 2018, to date: Aug 22, 2023, namely for a period of 1,795 days (59 Months), with an annual simple flat interest rate of 4.5% if the commission fee (withdrawal or payment) is 0%. Jun 25 07:56 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 18,360 units (Dollar, Euro, Pound, etc.), from date: Feb 01, 2017, to date: Jun 27, 2018, namely for a period of 511 days (16 Months and 26 Days), with an annual simple flat interest rate of 10% if the commission fee (withdrawal or payment) is 0%. Jun 25 07:56 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 12,400 units (Dollar, Euro, Pound, etc.), from date: Dec 18, 2017, to date: Jan 18, 2018, namely for a period of 31 days, with an annual simple flat interest rate of 25% if the commission fee (withdrawal or payment) is 25%. Jun 25 07:56 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 19, 2018, to date: Oct 19, 2018, 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 07:56 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 150,000 units (Dollar, Euro, Pound, etc.), from date: Jan 26, 2017, to date: Apr 26, 2017, namely for a period of 90 days (3 Months), with an annual simple flat interest rate of 9% if the commission fee (withdrawal or payment) is 0%. Jun 25 07:56 UTC (GMT)
All users calculated simple flat rate interest values