What it calculates
Multiplies principal, rate and time; earned interest is not added to the calculation base.
Calculates interest only on the initial principal, without compounding.
Calculates interest only on the initial principal, without compounding.
SIMPLE · INTERESTPreset assumptions can be adjusted in the calculator when applicable.Results are mathematical estimates based solely on the values entered. They are not financial, investment, tax or legal advice, nor an offer or recommendation of any financial product.
Multiplies principal, rate and time; earned interest is not added to the calculation base.
Use it for scenarios where interest does not compound.
I = P·r·tReproducible example: use this page’s initial values (Starting principal: $100.000 · Annual rate: 5% · Years: 1) and press Calculate. Then change one variable at a time to see how it affects the result.
Principal, rate and duration determine simple interest.
Calculates non-compounding interest on the initial principal. Multiplies principal, rate and time; earned interest is not added to the calculation base.
Enter only the values requested by this calculator’s form. The initial values are examples and can be replaced with your own assumptions.
Principal, rate and duration determine simple interest.
No. FinanceCalc performs mathematical calculations using the values you enter. It does not recommend products, investments, loans or specific financial decisions.