Calculator For Periodic Simple Interest


Calculate Periodic Simple Interest Rate
Initial Deposit (P)
Rate of Interest (r) (% per year)
Number of Years
 

Periodic Simple interest is standard in finance and economics . Periodic Simple Interest calculator is to calculate Future Value(A) , Initial Deposit(P) , Rate of Interest(r) , Time Period(t) by using Periodic Simple Interest formula . Periodic Simple Interest formula is as follows -:

Compound Interest Equation
A = P (1 + rt)
Where
A = Future Value(Principal + Interest)
A = P + I
P = Initial Deposit Amount
I = Interest Amount
r = Rate of interest per period in decimal
R = Rate of interest per period in percent
r = R / 100
t = Number of years invested tenure

Initial Deposit:
P = A / (1 + rt)
Where
P = Initial Deposit
A = Future Value
r = Rate of interest
t = Number of years invested in tenure

Interest in Decimal:
r = (1 / t)(A / P - 1)
Where
r = Rate of Interest in decimal
P = Initial Deposit
A = Future Value
t = Number of years invested in tenure

Interest in Percent:
R = r * 100
Where
R = Rate of Interest in Percent
r = Rate of Interest in decimal

Time:
t = (1 / r)(A / P - 1)
Where
t = Number of years invested in tenure
r = Rate of Interest in decimal
P = Initial Deposit
A = Future Value

How to use Periodic Simple Interest Calculator?

Step by step procedure for Periodic Simple Interest Calculator

Step 1: Select which value you will be providing? Dropdown list has{Total(P+I)A , Rate of Interest(r) ,Number of Years(t) , Initial Deposit(P) } etc.

Step 2: Input appropriate value as per selected type in Step 1.

Step 3: Now click on "Compute" button to get result.

You will get Total(P+I)A , Rate of Interest(r) ,Number of Years(t) , Initial Deposit(P) as per your value input.