powered by Google (TM)
index: click on a letter
A B C D E
F G H  I  J
K L M N O
P Q R S T
U V W X Y
Z A to Z index
index: subject areas
numbers & symbols
sets, logic, proofs
geometry
algebra
trigonometry
advanced algebra
& pre-calculus
calculus
advanced topics
probability &
statistics
real world
applications
multimedia
entries
about mathwords  
website feedback  


Simple Interest

A method of computing interest. Interest is computed from the (original) principal alone no matter how much money has accrued so far.

 


 

 

See also

Compound interest, continuously compounded interest

 


   this page updated 2-apr-08
Mathwords: Terms and Formulas from Algebra I to Calculus
written, illustrated, and webmastered by Bruce Simmons
Featured in NCTM Web Bytes NCTM Web Bytes December 2004 Web Bytes March 2005 Web Bytes