Quizzes for review
Because the loan is calculated using simple interest, your interest payments are only based on the principal.
See correct answer
Because the loan is calculated using simple interest, your interest payments are only based on the principal.
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Related words
simple interest
Noun
uncountable
Japanese Meaning
元本のみに対して計算される利息、すなわち単利のこと。 / 金融取引において、元金に対してのみ発生する利息。
English - English
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