How To Use Simple interest In A Sentence

The lender would then sue and only be entitled to simple interest on the judgment.
Equity awarded simple interest at a time when courts of law had no right under common law or statute to award any interest.
Bankers charged simple interest, with interest capitalised at intervals.
Gone are the days of a simple interest-bearing account. Times, Sunday Times
They gave her simple interest on it and they absolved her of her liability for the occupation rent.

The interest rolls up in the units you buy, so you actually get capital gain on your units rather than simple interest.
Usual Inland Revenue practice is to refund overpaid tax, plus a repayment supplement at simple interest rates for the last six tax years.
There is an important distinction between compound interest and simple interest.