simple interest
Tone colorsmāmámǎmàma
Meanings
1 sense · 3 examplesnoun
simple interest
neutralA financial/banking term. The calculation is linear: Interest = Principal × Rate × Time. The key characteristic is that interest does not earn additional interest.
Zhè这
bǐ笔
cún存
kuǎn款
cǎi采
yòng用
dān单
lì利
jì计
suàn算
，
suǒ所
yǐ以
sān三
nián年
hòu后
de的
lì利
xī息
shì是
gù固
dìng定
de的
。
This deposit uses simple interest, so the interest after three years is fixed.
Yín银
háng行
de的
mǒu某
xiē些
duǎn短
qī期
dài贷
kuǎn款
chǎn产
pǐn品
kě可
néng能
shǐ使
yòng用
dān单
lì利
。
Some short-term loan products at banks may use simple interest.
Show 1 more exampleShow fewer examples
Zài在
tóu投
zī资
bǐ比
jiào较
shí时
，
xū需
yào要
qīng清
chu楚
tā它
shì是
dān单
lì利
hái还
shì是
fù复
lì利
。
When comparing investments, you need to be clear whether it's simple or compound interest.