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Simple Interest Calculator

Calculate simple interest for loans and investments

Simple Interest

Calculate interest using the formula I = P × R × T

Simple interest is calculated as Principal × Rate × Time

Interest Earned

$0.00

Total Amount

$0.00

Principal: $1,000.00

Rate: 5% per year

Time: 5 years

Interest Earned: $0.00

Total Amount: $0.00

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