Simple Interest = Principal * Interest Rate * Term
Total Amount = Principal + Simple Interest
# Principal Interest rate term Interest Total balance
1 100.00 6% 1 6.00 106.00
3 100.00 6% 2 12.00 112.00
5 100.00 6% 3 18.00 118.00
7 100.00 6% 4 24.00 124.00
9 3,000.00 5% 3 450.00 3,450.00
10 4,000.00 6% 3 720.00 4,720.00
11 10,000.00 4% 3 1,200.00 11,200.00
13 10,000.00 6% 4 2,400.00 12,400.00
14 10,000.00 6% 5 3,000.00 13,000.00