Interest  #Calculator #Finance

Principal $
Interest rate
%
Period
Interest amount
$ 0
Total amount
$ 0
Simple interest formula  Calculate future value (FV)

\(FV = PV\times(1+r \times t)\)

  • FV - Total accrued amount i.e. (principal + interest)
  • PV - Present value, principal amount
  • r - Rate of interest per year r = R / 100 Interest rate converter
  • t - Time period involved in months or years(i.e. Calculation period)
  • i - Interest amount

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