{
  "id": "simple-interest-calculator",
  "version": "1.0.0",
  "name": "Simple Interest Calculator",
  "shortName": "Simple interest",
  "description": "Calculate non-compounding interest, total value, and annual interest.",
  "category": "Finance",
  "categorySlug": "finance",
  "keywords": [
    "simple interest",
    "principal",
    "annual rate",
    "non compounding"
  ],
  "status": "live",
  "workStatus": "pending",
  "reviewStatus": "pending",
  "migrationStatus": "new",
  "engine": "native",
  "creator": null,
  "reviewer": null,
  "quality": {
    "availability": "live",
    "technicalReviewRecord": "/reviews/simple-interest-calculator.json",
    "qualifiedReview": "pending",
    "qualifiedReviewer": null,
    "qualifiedReviewDate": null,
    "formulaVersion": "1.0.0",
    "referenceCoverage": "references-pending",
    "releaseTestScope": "Catalog and regression checks are not a professional formula audit; consult release evidence.",
    "historicalMetadataDate": "2026-08-18",
    "historicalMetadataNotice": "The imported date is not evidence of a completed human review."
  },
  "urls": {
    "page": "/calculator/simple-interest-calculator/",
    "definition": "/calculator/simple-interest-calculator/definition.json",
    "schema": "/calculator/simple-interest-calculator/schema.json",
    "llms": "/calculator/simple-interest-calculator/llms.txt",
    "legacyDefinition": "/calculator/simple-interest-calculator.json"
  },
  "queryExample": "https://askcalculators.com/calculator/simple-interest-calculator/?principal=10000&annualRate=5&years=5",
  "queryParameters": {
    "principal": {
      "label": "Principal",
      "type": "money",
      "required": true,
      "default": 10000
    },
    "annualRate": {
      "label": "Annual interest rate",
      "type": "percent",
      "required": true,
      "default": 5
    },
    "years": {
      "label": "Time",
      "type": "number",
      "required": true,
      "default": 5
    }
  },
  "inputs": [
    {
      "id": "principal",
      "label": "Principal",
      "type": "money",
      "required": true,
      "defaultValue": 10000,
      "min": 0,
      "step": 100,
      "width": "half"
    },
    {
      "id": "annualRate",
      "label": "Annual interest rate",
      "type": "percent",
      "required": true,
      "defaultValue": 5,
      "min": 0,
      "max": 100,
      "step": 0.1,
      "control": "slider-number",
      "width": "half"
    },
    {
      "id": "years",
      "label": "Time",
      "type": "number",
      "required": true,
      "defaultValue": 5,
      "min": 0,
      "max": 100,
      "step": 0.1,
      "suffix": " years",
      "width": "full"
    }
  ],
  "outputs": [
    {
      "id": "totalAmount",
      "label": "Total amount",
      "format": "currency",
      "primary": true
    },
    {
      "id": "interest",
      "label": "Total interest",
      "format": "currency"
    },
    {
      "id": "annualInterest",
      "label": "Interest per year",
      "format": "currency"
    }
  ],
  "formula": {
    "expression": "Interest = principal × annual rate × years",
    "note": "The rate is divided by 100. Interest is not added back to the principal."
  },
  "examples": [
    {
      "label": "Reproducible default-input example (not a personal recommendation)",
      "inputs": {
        "principal": 10000,
        "annualRate": 5,
        "years": 5
      }
    }
  ],
  "sources": []
}