Tuesday, December 11, 2018
Savings Accounts Guide, Banking & Interest Rate Resource.

Savings Calculator - Find Simple Interest Rates

purpose: to calculate the rate of interest that has been earned on a prior savings deposit in terms of simple interest.

The following calculation is based on a sole deposit amount. So it is important to not include any additional account activity. Ideally this is suited for a account that is set aside and dedicated for a specific purpose.
Current Balance w/Accumulated Interest
Original Deposit Amount Only  
Occurred Timespan1 years

[awaiting your above entries...]
Interest Rate Payout: %

1 Can be a whole number(s) with decimal, to figure incomplete years. [find partial year by dividing day numbers by 365 for the year]

Important: The information provided is for educational purposes only and the displayed results are not guranteed. Always consult a financial professional before committing.

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