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 Example. To illustrate how the simple interest calculation can be used to compute annual interest expense, assume a company issues bonds with a five-year life, a total face value of $100,000 and an annual interest rate of 10 percent with accrual and payment of interest made at the end of each year.