simple interest

From Longman Dictionary of Contemporary EnglishRelated topics: Loanssimple interestˌsimple ˈinterest noun [uncountable] BFLinterest that is calculated on the sum of money that you first invested, and does not include the interest it has already earned → compound interestExamples from the Corpussimple interest• She argued that BofA underpaid because it used only simple interest in refunding the overcharged fees.From Longman Business Dictionarysimple interestˌsimple ˈinterest [uncountable]FINANCE interest calculated only on the PRINCIPAL (=the original amount invested), not on any accrued interestI charged him 5% simple interest on the principal per week. → interest

单词	simple interest
释义	simple interest From Longman Dictionary of Contemporary EnglishRelated topics: Loanssimple interestˌsimple ˈinterest noun [uncountable] BFLinterest that is calculated on the sum of money that you first invested, and does not include the interest it has already earned → compound interestExamples from the Corpussimple interest• She argued that BofA underpaid because it used only simple interest in refunding the overcharged fees.From Longman Business Dictionarysimple interestˌsimple ˈinterest [uncountable]FINANCE interest calculated only on the PRINCIPAL (=the original amount invested), not on any accrued interestI charged him 5% simple interest on the principal per week. → interest
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