Simple Interest Calculation (Interest Rate)
Calculates the interest rate using simple interest.
| Interest Rate | %(r) |
A daily rate of 5 sen per 100 yen of principal (0.05 yen per 100 yen per day) corresponds to 0.05% per day.
Simple interest calculation mode: 365 or 360 (annual interest rate), 30 (monthly interest rate), 1 (daily interest rate)
Calculation details and rounding rules may vary by financial institution.
*This site assumes no responsibility whatsoever for calculation results or other information. Furthermore, we do not provide individual consultations.
Simple interest calculation mode: 365 or 360 (annual interest rate), 30 (monthly interest rate), 1 (daily interest rate)
| \( (1)\ r=(\frac{FV}{PV}-1)\times\frac{mode}{days}\\ \) |
Calculation details and rounding rules may vary by financial institution.
*This site assumes no responsibility whatsoever for calculation results or other information. Furthermore, we do not provide individual consultations.
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