# simple interest

> interest calculated only on the principal amount that remains, and excludes the effect of compounding

**Wikidata**: [Q95675530](https://www.wikidata.org/wiki/Q95675530)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/Simple_interest)  
**Source**: https://4ort.xyz/entity/simple-interest


## References

1. [Source](http://vocabulary.curriculum.edu.au/scot/7171)