Interst calucation


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This discussion explains how to calculate simple interest on a principal amount of £106,697. The interest rate is 2% for a period of 133 days. The formula provided is (Principal x Days / 365) x Interest Rate to determine the payable interest amount.

20 July 2023 dear all my query is simpal interst calcucation on amt 106697/- 2% to 133 days what is interst amt is party paybal

20 July 2023 106697 multiply 133/365 multiply 0.02

15 September 2024 Good luck.


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