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Free Online Simple Interest Calculator (I = Prt)

Calculate simple interest, total repayment, and final balance without compounding.

Simple Interest Earned
$3,250.00
Total Maturity Amount
$13,250.00
Client-Side Processing: All financial and personal inputs remain private in your browser.

Formula & Calculation Method

Simple Interest (I) = (P * R * T) / 100 | Total = P + I

Calculate standard simple interest on short-term loans, bonds, and notes where interest does not compound on previous interest.

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