💹 Intérêts Simples
Calculez les intérêts simples sur les investissements ou prêts.
Frequently Asked Questions
What is simple interest?
What is simple interest?
Simple interest is calculated only on the principal amount. The formula is: Interest = Principal × Rate × Time. It doesn't compound like compound interest.
When is simple interest used?
When is simple interest used?
Simple interest is commonly used for short-term loans, some bonds, and basic savings calculations. It's easier to calculate than compound interest.
How does simple interest differ from compound interest?
How does simple interest differ from compound interest?
Simple interest is calculated only on the original principal, while compound interest is calculated on principal plus accumulated interest.
Is simple interest better or worse than compound interest?
Is simple interest better or worse than compound interest?
For borrowers, simple interest is better (lower cost). For investors, compound interest is better (higher returns). It depends on your perspective.