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FINANCE

Simple Interest Calculator

Estimate simple interest with transparent assumptions.

Choose the simple-interest unknownSolve ending balance, principal, rate, or time.
4 options
END BALANCE$13,000.00

End Balance = $13,000.00; Total Interest = $3,000.00; equation = P(1 + rt).

Estimate based on the values shown
Formula checkedUses A = P(1 + rt) and rearranges it for each unknown.
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