Interest rate calculator

theforce | 16:31 Fri 31st Aug 2007 | Business & Finance

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Where can I find a free interest rate type calculator on the net? eg - if I want to work out how much money exactly I would get each month on a sum of cash based on an APR interest rate figure. Basically it relates to savings accounts.

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Loosehead

Well you have a calculator on your computer or you can use excel or just type it in to the Google search window, eg to work out what 1000 would earn you per month at 5.75% type:

(1000*5.75/100)/12

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