G.I.F.T. Animated Logo.

General Information, Facts & Tables
[Simple Interest Calculator]

View a framed version of this site.View the list of all pages on this site.Search the content of this site by keyword.

Page Topics:

Overview

top of page

Simple interest is the amount that a principal value will increase by over a period of years. This does not take into account that the principal increases each year.

See Also: Open Another, Using the Calculators, Compound Interest Calculator

Note! Calculator Under Construction.

 

Formula

top of page

SI = (P * R * T) / 100
P = (SI * 100) / (R * T)
R = (SI * 100) / (P * T)
T = (SI * 100) / (P * R)
 

Units

top of page

SI = simple interest (dollars)
P = principal sum (dollars)
R = rate of interest (yearly percentage rate)
T = time period (years)
 

Calculator

top of page

simple interest [$]:

 

 

principal [$]:

 

interest rate per annum [% pa]:

 

time period in years [a]

 

Note! Set unit values prior to calculating.
 

Notes

top of page

Variables are in blue text
Numbers are in red text
Operators are in green text