- Quick specs
- Price: Free
- Operating system:
- Date added: November 14, 2007
- Total Downloads: 1,464
- Downloads last week: 8
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- Average user rating: stars out of 1 votes
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Publisher's description
From SilverWings Software :This handy little program calculates simple interest when you know the loan amount (principal), the interest rate, and the term of the loan (in years). It uses the stadard formula I=PxRxT. Make sure to enter interest rate as a DECIMAL (i.e. 0.10 for 10%). This version is the first release on CNET Download.com.
What's new in this version:
This version is the first release on CNET Download.com.
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This software version | All versions -
Version: Simple Interest Calculator 0.1
"Simple Interest only, not compound interest."
Pros: Does what it says. If you only want to know how much (simple) interest you'll pay at a certain rate, this is a straight-forward, no frills utility that will do it.
Cons: It doesn't do compound interest, like you'll have with a credit card or mortgage, but what do you want for a 32k util?
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