Simple interest is the interest calculated on the original principle amount of a loan.
Recent Mentions on Fool.com
- With the Benefit of Hindsight ?
- Polypore Sees Sales Sag As It Prepares for Its Breakup
- Warren Buffett Keeps Buying IBM Stock: Should You Follow Him?
- If You?re In One of These Groups, You Are a Tax Audit Target
- The 8 Words That Propelled Warren Buffett to His $71 Billion Net Worth
- 26 Unsettling Truths About Social Security