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Definition | : | Simple Interest |
Category | : | Business » Finance |
Country/ Region |
: | Worldwide
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Popularity | : |
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Simple Interest (SI) is an interest that is calculated on the original sum of money and not also on interest which has previously been added to the sum. SI is a calculation of interest that doesn’t take into account the effect of compounding.
The full form of SI is Simple Interest
Simple Interest | Sports Interactive
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