Simple Interest Calculator for Windows

Name: Simple Interest Calculator
Rating: 3.5 (2 reviews)
Author: SilverWings Software

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Developer’s Description

By SilverWings Software

Calculate loan interests.

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.

Simple Interest Calculator for Windows

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Full Specifications

GENERAL

Release: November 15, 2007

Latest update: August 25, 2015

Version: 0.1

OPERATING SYSTEMS

Platform: Windows

Operating System

Windows XP
Windows 10

Additional Requirements: Windows XP

POPULARITY

Total Downloads: 5,784

Downloads Last Week: 1

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User Reviews

3.5/5

2 User Votes

Great for calculating interest on security deposits.
wolflrMay 30, 2012
Pros
Easy for anyone to use.
Cons
It would be extra nice of it included boxes for months and days.
Summary
Simple Interest only, not compound interest.
NY EarthlingApril 16, 2008
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?
Summary

Simple Interest Calculator for Windows

Developer’s Description

Simple Interest Calculator for Windows

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User Reviews

Great for calculating interest on security deposits.

Simple Interest only, not compound interest.