# Simple Interest (Rate) Calculator

## Calculates the annual interest rate using the simple interest method.

 Interest mode annually(365) annually(360) monthly weekly daily Present value (PV) Future value (FV) Elapsed days (days) 6dgt10dgt14dgt18dgt22dgt26dgt30dgt34dgt38dgt42dgt46dgt50dgt Interest rate %(r)
 $\normal Simple\ interest\ method\\\vspace{5}(1)\ r=({\large\frac{FV}{PV}}-1)\times{\large\frac{mode}{days}}\\\vspace{3}\hspace{30}\normal mode:\ 365\ or\ 360\ at\ annually\\\hspace{80} 30\ at\ monthly,\\\hspace{88} 7\ at\ weekly,\\\hspace{90} 1\ at\ daily\\$

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