Simple Interest Calculator

Enter value and click on calculate. Result will be displayed.

I = (P x R x N) / 100
P = Principal
R = Rate
N = Years
I = Simple Interest

Enter your values:

Principal:
Rate:
Years:

Result:

Interest:
Simple Interest Calculator You calculate the simple interest by multiplying the principal amount by the number of periods and the interest rate. Simple interest does not compound, and you don't have to pay interest on interest. In simple interest, the payment applies to the month's interest, and the remainder of the payment will reduce the principal amount.
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