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.
With simple interest, interest is only paid at the end of a specified term. A term deposit is an example of an account that will earn simple interest not compound interest. If you invested $10,000 at 5% per year, you would earn $2,500 in simple interest after 5 years, $500 for each year.f you invested $10,000 at 5%, you would earn $2,834 in compound interest after 5 years, giving you a total of $12,834.