Interest Profit Calculator
Enter the amound of money you will invest, term and interest rate and then click on the calculate button to learn the profit you will make.
What is interest?
Interest is a fee paid on borrowed assets. It is the price paid for the use of borrowed money, or, money earned by deposited funds.
How to calculate the profit from interest?
Profit from interest can be calculated using the formulas below.
Daily Interest Profit = (Principal / 100) X (Interest rate / 365) X Number of days
Monthly Interest Profit = (Principal / 100) X (Interest rate / 12) X Number of months
Yearly Interest Profit = (Principal / 100) X (Interest rate) X Number of years
Health Calculators:
- Age Calculator
- Ideal Weight Calculator
- Body Mass Index Calculator
- Daily Burned Calories Calculator
- Pregnancy Due Date Calculator
- Ovulation Calculator