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simple interest::noun | Spocien Dictionary
| Type | Words |
|---|---|
| Type of | interest |
Examples of simple interest
simple interest
The deferral is treated as a loan that accrues 6 percent simple interest until paid.
From the dailyherald.com
Both loans are payable over four years at a 5 percent simple interest rate.
From the ocregister.com
If it is a simple interest loan with no prepayment penalty, you are golden.
From the abcnews.go.com
In the latter case it is no longer simple interest, but compound interest.
From the en.wikipedia.org
I also have a problem with 50-year, simple interest loans to developers.
From the ocregister.com
The program allows a company to make a single, simple interest payment.
From the buffalonews.com
If it's simple interest, it comes to $16,000 in interest after 20 years.
From the newoldage.blogs.nytimes.com
If it were a simple-interest account, the bank would also pay $250 in the second month.
From the washingtonpost.com
This is not the case, however, if you have a simple interest mortgage.
From the dailyherald.com
