If you invest your money in a system that offers a fixed interest rate on a regular basis, you will earn interest on your investment. Even if you take out a loan, you have to pay a certain amount of interest. In both cases, there is an additional amount in the form of interest attached to the principal. Interest is calculated on the principal. It is important to calculate in advance the interest you will receive (for investments) or pay (for third party loans). Simple Interest Calculator makes it easy to calculate interest on principal so you can better plan your finances.
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