Calculate the due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 770 units (Dollar, Euro, Pound, etc.), from date: May 16, 2016, to date: Dec 16, 2017, namely for a period of 579 days (19 Months), with an annual simple flat interest rate of 3.5% if the commission fee (withdrawal or payment) is 1%.

Principal (initial amount), P = 770

Annual simple interest rate, R = 3.5%

From date: May 16, 2016

To date: Dec 16, 2017

Duration, T = 579 days (19 Months)

Commission fee (withdrawal or payment), F = 1%

No. of days in a year, N = 365


I = Simple interest:

I = (P × R × T) ÷ N =

(770 × 3.5% × 579) ÷ 365 =

(770 × 3.5 × 579) ÷ (365 × 100) =

1,560,405 ÷ 36,500 ≈

42.750821917808 ≈

42.75

B = Amount earned before deducting the
commission fee (withdrawal or payment):

B = P + I =

770 + 42.750821917808 =

812.750821917808 ≈

812.75

D = Amount earned after deducting the
commission fee (withdrawal or payment):

D = B - F =

B - F% × B =

(1 - F%) × B =

(1 - 1%) × 812.750821917808 =

99% × 812.750821917808 ≈

804.62331369863 ≈

804.62

Pr = Investment profit:

Pr = D - P =

804.62331369863 - 770 =

34.62331369863 ≈

34.62

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 770 units (Dollar, Euro, Pound, etc.), from date: May 16, 2016, to date: Dec 16, 2017, namely for a period of 579 days (19 Months), with an annual simple flat interest rate of 3.5% if the commission fee (withdrawal or payment) is 1%. Jan 25 09:56 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 24, 1994, to date: Jun 24, 2027, namely for a period of 12,084 days (397 Months), with an annual simple flat interest rate of 5% if the commission fee (withdrawal or payment) is 0%. Jan 25 09:56 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 3,000 units (Dollar, Euro, Pound, etc.), from date: Dec 09, 2019, to date: Jan 09, 2020, 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%. Jan 25 09:56 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: Mar 06, 0400, to date: Mar 06, 2017, namely for a period of 590,597 days (19,404 Months), with an annual simple flat interest rate of 12% if the commission fee (withdrawal or payment) is 0%. Jan 25 09:56 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: Oct 21, 0764, to date: Sep 21, 2017, namely for a period of 457,619 days (15,035 Months), with an annual simple flat interest rate of 20% if the commission fee (withdrawal or payment) is 0%. Jan 25 09:56 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 3,700 units (Dollar, Euro, Pound, etc.), from date: Jun 26, 2008, to date: Jul 26, 2018, namely for a period of 3,682 days (121 Months), with an annual simple flat interest rate of 0.2% if the commission fee (withdrawal or payment) is 0%. Jan 25 09:56 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 1,700 units (Dollar, Euro, Pound, etc.), from date: Oct 10, 2009, to date: Jun 04, 2018, namely for a period of 3,159 days (104 Months without 6 Days), with an annual simple flat interest rate of 0.02% if the commission fee (withdrawal or payment) is 660%. Jan 25 09:55 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: Dec 15, 0352, to date: Jan 01, 2019, namely for a period of 608,511 days (19,993 Months without 14 Days), with an annual simple flat interest rate of 150% if the commission fee (withdrawal or payment) is 0%. Jan 25 09:55 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: Dec 15, 0352, to date: Jan 01, 2019, namely for a period of 608,511 days (19,993 Months without 14 Days), with an annual simple flat interest rate of 150% if the commission fee (withdrawal or payment) is 0%. Jan 25 09:55 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: Jul 03, 0994, to date: Dec 30, 2016, namely for a period of 373,458 days (12,269 Months and 27 Days), with an annual simple flat interest rate of 8% if the commission fee (withdrawal or payment) is 0%. Jan 25 09:55 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: May 06, 0750, to date: May 06, 2019, namely for a period of 463,493 days (15,228 Months), with an annual simple flat interest rate of 0.5% if the commission fee (withdrawal or payment) is 0%. Jan 25 09:55 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: Jun 11, 2017, to date: Jul 11, 2019, namely for a period of 760 days (25 Months), with an annual simple flat interest rate of 3% if the commission fee (withdrawal or payment) is 514%. Jan 25 09:55 UTC (GMT)
Calculate due interest earned by a principal (initial amount of money lent, deposited or borrowed) of 110,000 units (Dollar, Euro, Pound, etc.), from date: Jun 11, 0666, to date: Jun 30, 2014, namely for a period of 492,366 days (16,176 Months and 19 Days), with an annual simple flat interest rate of 3% if the commission fee (withdrawal or payment) is 0%. Jan 25 09:55 UTC (GMT)
All users calculated simple flat rate interest values