Calculators & Converters
    Simple & Compound Interest


    Principal Amount :

    Interest Rate :

    Duration :

    Compounding :

    Compound Interest :
    Total Sum :




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    Simple & Compound Interest Calculator

    getcalc.com's Simple & Compound Interest Calculator is an online general purpose tool to calculate the simple or compound interest for the given principal amount.

    Definition & Formulas

    Simple Interest is a measure of time value of money to calculate the interest return for the principal amount on a certain percentage of interest rate for a specific period of time. In simple interest calculation, the principal amount never change, during the interest accumulation period.

    SI - simple interest formula
    Formula to calculate simple interest

    Compound Interest is a finance function or method used in the context of time value of money calculation, often abbreviated as CI, represents the interest on the principal amount on a certain percentage of interest rate for a specific period of time with either monthly or quarterly or half-yearly or yearly compounding frequency, where the principle amount gets changed after every compounding period.

    CI - compound interest formula
    Formula to calculate compound interest

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