Calculate the due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 40,000 units (Dollar, Euro, Pound, etc.), from date: Jun 5, 2018, to date: Jul 5, 2019, namely for a period of 395 days (13 Months), with an annual simple flat interest rate of 2% if the commission fee (withdrawal or payment) is 0%.

Principal (initial amount), P = 40,000


Annual simple interest rate, R = 2%


From date: Jun 5, 2018


To date: Jul 5, 2019


Duration, T = 395 days (13 Months)


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


No. of days in a year, N = 365


I = Simple interest:

I = (P × R × T) ÷ N =


(40,000 × 2% × 395) ÷ 365 =


(40,000 × 2 × 395) ÷ (365 × 100) =


31,600,000 ÷ 36,500 ≈


865.753424657534 ≈


865.75

B = Amount earned:

B = P + I =


40,000 + 865.753424657534 =


40,865.753424657534 ≈


40,865.75

Signs: % percent, ÷ divide, × multiply, = equal, ≈ 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 40,000 units (Dollar, Euro, Pound, etc.), from date: Jun 05, 2018, to date: Jul 05, 2019, namely for a period of 395 days (13 Months), with an annual simple flat interest rate of 2% if the commission fee (withdrawal or payment) is 0%. Feb 24 20:02 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 1 units (Dollar, Euro, Pound, etc.), from date: Feb 01, 1974, to date: Oct 25, 2018, namely for a period of 16,337 days (536 Months and 24 Days), with an annual simple flat interest rate of 10% if the commission fee (withdrawal or payment) is 238%. Feb 24 20:02 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 0 units (Dollar, Euro, Pound, etc.), from date: Jan 01, 0192, to date: Jun 01, 2019, namely for a period of 667,449 days (21,929 Months), with an annual simple flat interest rate of 672% if the commission fee (withdrawal or payment) is 0%. Feb 24 20:02 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: Nov 06, 2019, to date: Dec 06, 2019, namely for a period of 30 days, with an annual simple flat interest rate of 5% if the commission fee (withdrawal or payment) is 0%. Feb 24 20:01 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 10 units (Dollar, Euro, Pound, etc.), from date: Dec 18, 0428, to date: Nov 18, 2017, namely for a period of 580,340 days (19,067 Months), with an annual simple flat interest rate of 276% if the commission fee (withdrawal or payment) is 0%. Feb 24 20:01 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 2,000 units (Dollar, Euro, Pound, etc.), from date: Mar 07, 2018, to date: Mar 07, 2021, namely for a period of 1,096 days (36 Months), with an annual simple flat interest rate of 468% if the commission fee (withdrawal or payment) is 0%. Feb 24 20:01 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 0 units (Dollar, Euro, Pound, etc.), from date: Jun 18, 0600, to date: May 18, 2017, namely for a period of 517,518 days (17,003 Months), with an annual simple flat interest rate of 0% if the commission fee (withdrawal or payment) is 0%. Feb 24 20:01 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 1 units (Dollar, Euro, Pound, etc.), from date: Jul 23, 0198, to date: May 23, 2019, namely for a period of 665,045 days (21,850 Months), with an annual simple flat interest rate of 0.02% if the commission fee (withdrawal or payment) is 0%. Feb 24 20:01 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: May 05, 2018, to date: May 05, 2028, namely for a period of 3,653 days (120 Months), with an annual simple flat interest rate of 6.69% if the commission fee (withdrawal or payment) is 0%. Feb 24 20:01 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 10,000 units (Dollar, Euro, Pound, etc.), from date: Sep 01, 0962, to date: Sep 01, 2019, namely for a period of 386,061 days (12,684 Months), with an annual simple flat interest rate of 9% if the commission fee (withdrawal or payment) is 0%. Feb 24 20:01 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: Apr 12, 2017, to date: May 12, 2017, namely for a period of 30 days, with an annual simple flat interest rate of 3% if the commission fee (withdrawal or payment) is 464%. Feb 24 20:01 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: May 07, 2017, to date: May 07, 2018, namely for a period of 365 days (12 Months), with an annual simple flat interest rate of 3% if the commission fee (withdrawal or payment) is 768%. Feb 24 20:00 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 1 units (Dollar, Euro, Pound, etc.), from date: Feb 11, 0936, to date: Mar 08, 2018, namely for a period of 395,218 days (12,985 Months without 3 Days), with an annual simple flat interest rate of 0.03% if the commission fee (withdrawal or payment) is 504%. Feb 24 20:00 UTC (GMT)
All users calculated simple flat rate interest values