On loans, it can be compound or simple
In a simple interest loan, the interest in a second period is not ... on the 8% loan, 
your 8% loan will be exactly twice as costly as the 4% loan but... [DOC] [TLE] Money Habits - The Different Types of Interest Explained [PAR] The attraction of variable interest rate loans is that you can benefit from any future 
drop in market interest rates when ...