Simple interest is the interest calculated on the original principle amount of a loan.
Recent Mentions on Fool.com
- Google?s Project Ara: Are Modular Phones the Future of Mobile?
- Delta Air Lines Keeps Soaring; the Dow Rallies 162 Points on Fed Remarks
- The World's Leading Tire Manufacturers Are Turning to Synthetic Biology -- But Not for the Reason Yo
- How These 2 Monster Dividend Stocks Work
- Down 17%: Is Isis Pharmaceuticals Worth Buying Now?
- Walgreen Investor Pressure Is Absurd