How to calculate simple interest on a loan Simple interest is most commonly used for short-term loans – like payday loans, or some types of personal or auto loans.

Wondering how much interest you could earn in a savings account? Here's how to crunch the numbers to calculate your earnings.

To calculate per-diem interest, take the interest rate (be sure to express it as a decimal, so 10% becomes 0.10) and divide by 365 to determine the daily interest rate.

Because the formulas behind these accounts become increasingly complex, people often choose to use a money market calculator to calculate how much interest an account will generate. However, if ...

How to Write a Program to Calculate Compound Interest. Whether it's figuring the mortgage on commercial property or the rate on a short-term loan, compound interest calculations are a basic ...

or $10,000 X 9% X 60 days/360 days = $150.00 How to calculate interest revenue Interest revenue is calculated and recorded separately of interest receivable.

That's why as the payee, you'll want to be crystal clear on the amount of interest you're committing to pay for any promissory note that you sign. That calculation is a simple three-step process.

Learn more about interest on interest, or compound interest, including what it is, why it matters, and how to calculate compound interest accrued.