How is simple interest calculated?

Simple interest = principal x rate x time / 100. It does not compound.

What is the difference from compound interest?

Simple interest is calculated only on the principal, while compound interest also earns interest on interest.

Yes, the math works for any currency you enter.

Beregn simpel rente og samlet beløb ud fra hovedstol, rente og tidspunkt. Gratis simpel renteberegner.

Simpel rente = hovedstol x rente x tid / 100. Det forener ikke.

Simpel rente beregnes kun af hovedstolen, mens renters rente også forrentes.

Ja, regnestykket virker for enhver valuta, du indtaster.