Interest Calculator

This free financial app is able to calculate the compound Interest, simple interest and effective interest.compound interest: You are able to calculate the compound interest. Just enter the principal or sum, rate per annum and the time period.simple interest: You are able to calculate the simple interest. Just enter the principal or sum, rate per Annum and the time period.effective interest rate: You are able to calculate the effective interest rate. Just enter the nominal interest rate and the number of compounding periods per year.The best tool for school and college! If you are a student it will helps you to learn financial math, business and economics.Note: Interest is a fee paid by a borrower of assets to the owner as a form of compensation for the use of the assets. It is most commonly the price paid for the use of borrowed money, or money earned by deposited funds.