# Bankers rule calculator

This simple interest calculator calculates the amount of interest payable between separately from the unpaid principal balance (also known as the US Rule).

This is the calculation that Collect! uses for Simple Interest calculations. interest and Exact time (360 day year, exact number of days) This is the Banker's Rule.

The Bankers rule Is widely used in the United States, and uses the combination of So to calculate nterest for that period is used. Find the effective interest rate of simple discount note

This is the calculation that Collect! uses for Simple Interest calculations. interest and Exact time (360 day year, exact number of days) This is the Banker's Rule.

The Bankers rule Is widely used in the United States, and uses the combination of So to calculate nterest for that period is used. Find the effective interest rate of simple discount note