1001Ferramentas
๐Ÿ’ฐ Calculators

Interest Rate Calculator

Calculate simple and compound interest. Enter the principal, rate and period to get the interest and final amount.

Difference between Simple and Compound Interest

Simple Interest: applied only on the principal. Formula: A = P ร— (1 + r ร— t).

Compound Interest: applied on the accumulated amount (interest on interest). Formula: A = P ร— (1 + r)^t.

Related Tools