The simple interest formula The formula for simple interest ... and to re-run your calculations in the future. However, savings vehicles like CDs, which have a fixed interest rate, will not ...

An annuity is an insurance contract you purchase to receive payments for a specific period, such as 30 years, or for the rest ...

The above can be used for a basic lump sum future value calculator. This is normally, a very simple assumption ... also imputes such annuities into the formula to give you the future value.

When borrowing money, simple interest represents the percentage of your loan balance that you owe in fees to the lender. This ...