Simple Interest Calculator
Calculate simple interest and total amount.
About this calculator
Calculate simple interest and total amount.
How to use
- Enter the required values.
- Review the result instantly.
Formula
Interest = Principal × Rate × Years Total = Principal + Interest
Example
1,000 at 5% for 2 years → interest 100, total 1,100.
FAQ
Does this include compounding?
No. This calculator uses simple interest only.
Can the rate be zero?
Yes. A zero rate gives zero interest.
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