simple interest in a sentence

Examples

1. For example, one lesson for grades 6-8 explains simple interest and compound interest by showing their differing effect on " pretend " savings accounts opened by the students.
2. The settlement won't close the books on the case, which began in 1994 shortly after Bank of America refunded $ 42 million in trust account fees and simple interest.
3. Reddam also said there was nothing misleading about CashCall's online explanation of simple interest, which features a rate of 10 percent, not the significantly higher rates charged by the company.
4. According to Greene, this " manor house is faintly sustained by " ruining ", " dwellers ", " rent ", and the possible allusion to compound and simple interest ".
5. "This Is Spinal Tap " arrived in theaters just as the public fascination with the processes of the entertainment business was beginning to take the place of simple interest in stars.
6. This meant, said the majority, that only simple interest, and not compound interest was payable ( a controversial decision that was overturned in " Sempra Metals Ltd v IRC " ).
7. In a simple interest rate swap, a company that is paying a fixed rate on a bond issue is relieved of the duty to pay it, instead agreeing to pay a floating rate.
8. The most important of these powers was the power of the tenant for life to sell the fee simple interest in the land and not just a life estate " pur autre vie ".
9. Liam invested some money at 7 % simple interest and twice as much at twice the rate elsewhere . If the simple interest income from the two funds totaled 1406.30 then how much was invested in each fund?
10. Liam invested some money at 7 % simple interest and twice as much at twice the rate elsewhere . If the simple interest income from the two funds totaled 1406.30 then how much was invested in each fund?