Simple Interest Calculator

Calculate the interest earned on your principal amount over time.

Principal Amount

The initial investment amount

$

Annual Interest Rate

The annual interest rate (in percentage)

%

Time Period

The time period for the investment (in years)

years

Results

Your calculation summary

Principal Amount$10,000.00

Interest Rate5%

Time Period5 years

Total Interest$2,500.00

Final Amount$12,500.00