"simple interest rate" is a correct and usable phrase in written English.
You could use it when discussing a loan, savings account, bond, or other financial instrument that accrues interest. For example, "The bank offered a loan with a simple interest rate of 5% per year."
The loan's annual percentage rate, which combines the loan's simple interest rate and the points, is 9.46percentt.
In this chapter, we present the first detailed application of financial engineering tools in the form of simple interest rate derivatives and develop our first contractual equation.
For example, Taylor (1993) recommends the use of a simple interest rate rule that is a function of inflation and the output gap.
For example, if you put $1,000,000 into a GRAT for one year, take two $500,000 annuity payments, and assume a 5 percent simple interest rate, the amount passing to the remainderman will be only the interest earned, which we assume will be 5 percent of $1,000,000, or $50,000.
The answer is simple: interest rates.
Simple: Interest rates were low, so they kept borrowing to finance pressing short-term needs.
Drama creates page views, but the reality of the markets is simple: Interest rates are as low as they've ever been.
The engineers designed derivatives and securitisations, from simple interest-rate options to ever more intricate credit-default swaps and collateralised debt obligations.
This transaction is a simple interest-rate swap between two counterparties.
This huge swap spread means, in essence, that ordinary swaps have become so expensive that it is hard to hedge even the simplest interest- rate transactions.
To compare your APY in the above example to a case of "simple" interest (using the same starting balance and interest rate as above), you would merely multiply your starting balance by the simple-interest rate.
