Interest Calculator

Interest Calculator (App) helps you to calculate Simple Interest and Compound Interest.

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#Simple Interest

- SI = P × R × T, where P = Principal, R = Rate of Interest, and T = Time period.

#Compound Interest

- CI = P ( 1 + r/n ) to the Power nt

where:

A = final amount

P = initial principal balance

r = interest rate

n = number of times interest applied per time period

t = number of time periods elapsed