Simple interest is the interest calculated on the original principle amount of a loan.
Recent Mentions on Fool.com
- Seadrill Earnings: Is the Dividend Still Safe?
- 84 Reasons We Love Warren Buffett
- The Geography of Retirement: Where You Live Makes a Difference
- Why Royal Gold, Inc Stock Has Skyrocketed 67% in 2014
- 5 Things ConAgra Foods Management Wants You to Know
- 3 Reasons Market Vectors Gold Miners ETF (GDX) Could Fall