#  A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  W  V  X  Y  Z

Simple Interest

Simple Interest is a method to calculate interest charge on a borrowed amount of money. Simple Interest calculation is bas on original principal sum, without interest compounding.
Simple Interest is calculated by the following equation: P x I x N, where:
P=original amount of loan
I=Interest rate
N=number of periods of the loan

Related Terms:

Future Value - FV

Suggest a term

Report an error

 
 

Scottrade

Home | Newsletter | Contact Us | Advertise | Financial Directory | We are hiring!
Privacy Policy Disclaimer Copyright © 2003-2012 Coolinvesting.com | All rights reserved.