Accrued Interest is the interest that is accumulated from one payment to the due date to next also total interest paid on a loan over time. Accrued interest formula will help you to calculate the accrued interest rate, total interest and daily accrued interest by providing the values of investment amount, holding period and interest rate. To find the interest, multiply the investment amount, period and interest and divide the resultant value by 100.

Accrued Interest Rate = r / 365 × n

Daily Accrued Interest =( ( p × ( n / 365 ) × r ) / 100) / n

Where,

p = Investment Amount

n = Holding Period

r = Interest Rate