➕ Simple Interest

Simple Interest Calculator

Calculate simple interest using the P×R×T formula for any principal, rate, and time.

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Simple Interest
P × R × T formula
Principal$5,000
$
Annual Interest Rate5.0%
%
Time (Years)3 yrs

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Results
Based on your inputs
Total Amount
—
principal + interest
Principal
—
Simple Interest
—
Monthly Interest
—
Daily Interest
—

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