Bank Interest Calculator

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Bank Interest Calculator

Principal Amount (P) $ 1,000.00


Interest Rate (R) 5%
Time Period in Years (N) 3
Compounding Times per Year (T) 4

Simple Interest (I) $ 150.00


Accumulated Balance (P + I) $ 1,150.00

Compounded Amount $ 1,160.75


Compound Interest $ 160.75
Simple Interest

Periods Starting Balance Interest Final Balance


1 $ 1,000.00 $ 50.00 $ 1,050.00
2 $ 1,050.00 $ 52.50 $ 1,102.50
3 $ 1,102.50 $ 55.13 $ 1,157.63
Compound Interest

Periods Starting Balance Interest Final Balance


1 $ 1,000.00 $ 12.50 $ 1,012.50
2 $ 1,012.50 $ 12.66 $ 1,025.16
3 $ 1,025.16 $ 12.81 $ 1,037.97
4 $ 1,037.97 $ 12.97 $ 1,050.95
5 $ 1,050.95 $ 13.14 $ 1,064.08
6 $ 1,064.08 $ 13.30 $ 1,077.38
7 $ 1,077.38 $ 13.47 $ 1,090.85
8 $ 1,090.85 $ 13.64 $ 1,104.49
9 $ 1,104.49 $ 13.81 $ 1,118.29
10 $ 1,118.29 $ 13.98 $ 1,132.27
11 $ 1,132.27 $ 14.15 $ 1,146.42
12 $ 1,146.42 $ 14.33 $ 1,160.75
Interest Calculator for Conditional Interest Rates

Conditions <10000 <15000 <20000 <50000 >=50000


Interest Rates (R) 5% 7% 9% 11% 15%
Time Period in Years (N) 3
Compounding Times (T) 4

Principal Amounts $ 7,000.00 $ 12,000.00 $ 18,000.00 $ 45,000.00 $ 100,000.00


Simple Interests $ 1,050.00 $ 2,520.00 $ 4,860.00 $ 14,850.00 $ 45,000.00
Compound Interests $ 1,125.28 $ 2,777.27 $ 5,508.90 $ 17,315.27 $ 55,545.43
EMI Calculator

Loan Amount (P) $ 35,000.00 Total Payable ($35,955.14)


Interest Rate (R) 5% EMI Cost ($955.14)
Number of EMIs (N) 12

EMI ($2,996.26)

Due at the
Months Payments
Monthend
1 ($2,996.26) $ (32,958.88)
2 ($2,996.26) $ (29,962.62)
3 ($2,996.26) $ (26,966.36)
4 ($2,996.26) $ (23,970.09)
5 ($2,996.26) $ (20,973.83)
6 ($2,996.26) $ (17,977.57)
7 ($2,996.26) $ (14,981.31)
8 ($2,996.26) $ (11,985.05)
9 ($2,996.26) $ (8,988.79)
10 ($2,996.26) $ (5,992.52)
11 ($2,996.26) $ (2,996.26)
12 ($2,996.26) $ 0.00

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