Simple Interest Calculator
Calculates simple (non-compounding) interest on a principal over a period and contrasts it with what annual compounding would produce, with a side-by-side growth chart.
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Results
Notes
- Simple interest: I = P·r·t. Short private loans and some bonds use it; almost everything else compounds.
- This is an educational estimate, not financial advice; talk to a qualified adviser before making money decisions.
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