Finance calculator

Simple interest calculator

Interest = principal × annual rate × years. Rate is a percent per year.

Inputs

Enter valid numbers. Calculations run entirely in your browser.

Results

Principal + interest

Example

50,000 at 5% for 3 years: interest 7,500; total 57,500.

Explanation

No compounding within the period; for compounding use other tools.

FAQ

Partial year?

Express time as a decimal year (e.g. 0.5 for six months).

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