The Credit.com free loan calculator can help you determine the monthly payments for your loan as well as additional important information. Before taking out a loan, it’s beneficial to know how much ...

Simple interest is used when a company borrows money for a loan. Usually this amount will be on a monthly basis. The formula for simple interest is principal times the interest rate times the period.

The TI-83 scientific calculator includes a finance-solving application that can do advanced calculations about the time value of money. It can also solve the basic equation for simple interest, which ...