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English definition of “simple interest”

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simple interest

noun [U] uk   us  
money that is paid only on an original amount of money that has been borrowed or invested, and not on the extra money that the original amount earns
Translations of “simple interest”
in Chinese (Traditional) 單利…
in Chinese (Simplified) 单利…
(Definition of simple interest from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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