tools

Simple Interest Calculator

Interest at a flat rate on the original principal only, I = P x r x t, over a period given in years or months. Returns the interest, the final amount, and what the same money would have made with annual compounding, so the two methods can be compared before signing anything.

post/api/v1/tools/simple-interest-calculator

Request

  • Base URL: https://toolforte.com
  • URL: https://toolforte.com/api/v1/tools/simple-interest-calculator
  • Auth: HTTP bearer

Request body

principalinteger
annualRatePercentinteger
timeinteger
timeUnitstring

Response

Successful result

okboolean

Changes

No recorded changes to this operation across all 1 revision of this API.