Simple Interest Calculator
Calculate simple interest yield using standard I = P × R × T linear arithmetic.
Calculation Inputs & Parameters
5000
(Default)
6
(Default)
3
(Default)
Simple Interest
$900.00
Total Value (Principal + Interest)
$5900.00
Annual Interest Earned
$300.00 / yr
How the Calculation Works
Linear calculation without compounding.
Formula: I = P × r × t
Practical Worked Example
Given Inputs: 5,000 at 6% for 3 yrs
Calculated Output: Interest: 900 | Total: 5,900
- 5,000 × 0.06 × 3 = 900.