### Annual Compound And Simple Interest Calculator Published: October 03, 2020    Updated: 2021-12-01T03:59:46Z     minute read var dates = "2021-12-01T03:59:46Z"; var dateu = new Date(dates); var months = ["January","February","March","April","May","June","July","August","September","October","November","December"]; var slides = document.getElementsByClassName("updatedateinfo"); var i; for (i=0; i < slides.length; i++) { slides[i].innerHTML = months[dateu.getMonth()] + " " + dateu.getDate() + ", " + dateu.getFullYear(); }

Do you want to know how much interest your loan or investment will accumulate overtime? Use this simple calculator.

If you want to how interests are calculated, Read my previous article “Investing Rules: Compounding Interest

## Annual Interest Calculator

 Principal Amount Interest (%) # of Years

### Compounding Interest

 Year Interest Accumulated Amount

### Simple Interest

 Year Interest Accumulated Amount

This calculator assumes that the interest rate is the same overtime.

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Time is what give things value. So don't waste it, invest it.

"Compound interest is the eighth wonder of the world. He who understands it, earns it ... he who doesn't ... pays it.”
Albert Einstein

- Your Life In Perspective by Ã†lf RÃ¦d (Elf Counsel)