# Interest Calculator

## Simple & Compound Interest Calculator

Interest

Total + Interest

Formula

Interest

Total + Interest

Formula

##### Reference This Calculator:

Calculate simple and compound interest with the formula of "A=p(1+rt)" and "A=p(1+(r/n))^(nt)". Where A stands for Interest, p for the principal amount, r for the rate of interest, t for term year, and n for the number of times compound.

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After opening the calculation page, Just follow those steps

1. First, select the tab which you want to calculate like simple and compound.
2. Then enter the respective value to calculate the formula. If is it "Simple Interest" then you have to enter the value of principal amount, interest rate, and team of loan in year. If is it "Compound Interest" then you have to enter the value of principal amount, interest rate, team of loan in year, and number of time compound.
3. The system will automatically calculate interest amount and total plus interest amount.

Interest calculator comes with lots of features. In our tools, we implement all the possible features that can be implementable. Here are the featurs are

• Simple Design, Easy to Use, and Free
• Automatic Calculation
• Formula - Formulas are provided in the right side.
• Simple Interest - Calculate interest rate of your principal amount.
• Compound Interest - Calculate interest rate of your principal amount with compounding.