293.3—Simple interest table.

Following is a simple interest table from which computation of interest at 3 per centum per annum on a principal of $1,000 for a fractional 365-day year may be derived by addition only. The interest is stated in the form of a decimal fraction of $1.

Days	Interest
1	0821 9178
2	1643 8356
3	2465 7534
4	3287 6712
5	4109 5890
6	4931 5068
7	5753 4246
8	6575 3424
9	7397 2602

Code of Federal Regulations

Example: 3% on $500 for 93 days:

	Days
	90	$7.3972 602
	3	.2465 7534
Interest on $1,000	93	$7.6438 3554
Interest on $500		$3.82

CFR

293.3—Simple interest table.

Code of Federal Regulations