In the 2016 U.S. News Best High Schools rankings, there are 29 North Carolina schools with silver medals and 109 with bronze medals. Fifteen schools earned gold medals, including Raleigh Charter High School, located in the state capital of Raleigh. Top Ranked North Carolina Schools.
simple interest. Definition. The interest calculated on a principal sum, not compounded on earned interest. Use simple interest in a sentence. â You need to make sure that you are calculating all of the simple interest before you decide on how to proceed.
Simple Interest. Interest that does not compound. That is, simple interest is a percentage of the principal amount and is not added to the principal itself. For example, if one buys a $1000 bond that pays a 2% coupon in simple interest, one receives $20 each coupon date. The $20 is never added to the $1000.