MulticalcInterest Calculator
Enter your principal, annual interest rate, and time (in years) to calculate the simple interest and total amount.
Results
Enter your details and click "Calculate Interest" to see your results here.
About Interest Calculator
Our Interest Calculator helps you determine the interest amount you'll earn or pay based on simple interest formula. Simple interest is calculated using the formula: Interest = Principal × Rate × Time.
How to use this calculator:
- Enter the principal amount (initial investment or loan amount)
- Specify the annual interest rate (as a percentage)
- Set the time period in years
- Click "Calculate Interest" to see your interest amount and total amount