Simple interest calculator
The following simple interest calculator will help you determine how much interest you can earn when investing your money with a company.
Guidelines to use the calculator
When entering numbers, do not use a slash: "/" or "\"
First, enter the principal.
The principal is the money you invest with your bank or any investment company.
Second, enter the interest rate
The interest rate is the amount of money you get paid yearly for every 100 dollars you invest
Finally, enter the time. You have the choice to enter it in years or months
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