Deposit return
Compare net interest with your day-count basis and withholding.
Your results
Enter values to calculate.
Inputs are sent to the server for calculation; only budget plans you choose to save are stored in your account.
Calculation method
Simple interest is proportional to elapsed days. Withholding is deducted from calculated interest only.
I = P × (annual/100) × days/basis; net = I × (1 − tax/100)Assumptions and limits
Choose 365 or 360 according to your contract. No compounded renewals or live bank quotes.
Worked example
- Principal
- 100,000.00
- Annual rate (%)
- 10.00
- Number of days
- 30.00
- Day-count basis
- 365.00
- Tax on gains (%)
- 0.00
Net gain821.92