How to Use

• Enter the Principal Amount you want to calculate interest for.
• Enter the Rate of Interest (annual).
• Provide the Time Period in years.
• Select whether you want Simple or Compound Interest.
• Click on Calculate to see the results instantly.

Key Features

• Instant calculation of Simple & Compound Interest.
• User-friendly, clean, and mobile responsive.
• Completely free and no login required.
• Works on all browsers and devices.
• SEO and AdSense-friendly design.

Tips

• Always double-check the interest rate before calculation.
• Use compound interest for long-term investments.
• Short-term loans are better with simple interest.
• Save your results for financial planning.

FAQs

Q1: What is Simple Interest?
A: Simple Interest is calculated on the original principal amount only.

Q2: What is Compound Interest?
A: Compound Interest is calculated on the principal plus accumulated interest.

Q3: Which is better for savings?
A: Compound Interest grows money faster.

Q4: Can I use this tool for business loans?
A: Yes, it works for personal and business calculations.

Q5: Is this calculator free?
A: Yes, it’s 100% free to use.