_ What is defined as the interest on a load or principal that is based only on the original amount of the loan or principal?$?

_ What is defined as the interest on a load or principal that is based

1.	_ What is defined as the interest on a load or principal that is based only on the original amount of the loan or principal?$?
A.	Effective rate of interest
B.	Nominal rate of interest
C.	Compound interest
D.	Simple interest
Answer» E.

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_ What is defined as the interest on a load or principal that is based only on the original amount of the loan or principal?$?

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