How to Use simple interest in a Sentence
simple interest
noun-
For terms 1 year or less, the penalty is 90 days simple interest.
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Layla Melendez,
CNBC,
22 Oct. 2025
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For terms 1 year or less, the penalty is 90 days simple interest.
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Andreina Rodriguez,
CNBC,
16 Jan. 2026
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For terms 4 years and up, the penalty is 365 days simple interest.
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Andreina Rodriguez,
CNBC,
10 Feb. 2026
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For terms 4 years and up, the penalty is 365 days simple interest.
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Elizabeth Gravier,dan Avery,
CNBC,
30 June 2026
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For terms greater than 1 year, the penalty is 180 days simple interest.
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Layla Melendez,
CNBC,
22 Oct. 2025
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For terms greater than 1 year, the penalty is 180 days simple interest.
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Andreina Rodriguez,
CNBC,
16 Jan. 2026
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For terms shorter than 1 year, the penalty is 90 days simple interest.
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Andreina Rodriguez,
CNBC,
10 Feb. 2026
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For terms shorter than 1 year, the penalty is 90 days simple interest.
—
Elizabeth Gravier,dan Avery,
CNBC,
30 June 2026
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This works against the borrower as more money is needed to pay the loan back than just the principal and simple interest.
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Mary Luquette,
USA Today,
9 Sep. 2025
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For terms 12 months to 3 years, the penalty is 180 days simple interest.
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Andreina Rodriguez,
CNBC,
10 Feb. 2026
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For terms 12 months to 3 years, the penalty is 180 days simple interest.
—
Elizabeth Gravier,dan Avery,
CNBC,
30 June 2026
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The loan carries simple interest of 4% and will be repaid from the project’s annual net cash flow over a 55-year term.
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Ryan MacAsero,
Mercury News,
8 Apr. 2026
Some of these examples are programmatically compiled from various online sources to illustrate current usage of the word 'simple interest.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
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