### What Is Periodic Simple Rate?

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 "Calculate" 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.