How to use this tool
Check the units, enter your values, and run the tool. Results follow the assumptions and method below.
Calculation method
Daily simple interest
principal*rate/100/basisInterest Per Day Calculator
User supplies the contractual day-count denominator, such as 360 or 365.
User supplies the contractual day-count denominator, such as 360 or 365.
Result
Enter your values and run the tool to see your result.