The bank caclulates loan interest as "simple" interest -- for every payment period, multiply the current outstanding principal by the current interest rate to determine the interest payment.

银行用“简单”利息的方法计算贷款利息-在每个还款期间，用当前未还清的本金乘以当前利率，从而计算出应付的利息。

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It secured a grace period, and now has less than a month to make the missed interest payment.

它获得了一个宽限期，现在距需支付以前未支付的利息的时间还有不到一个月。

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The Contractor shall be entitled to interest at the rate stated in the Appendix for each day the Employer fails to pay beyond the prescribed payment period.

对雇主超过规定付款期限未能支付的每一天，承包商均有权按附录中规定的利率获得利息。

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The company notes that the indenture governing the notes provides the company a 30-day grace period to make the interest payment, during which it expects to continue discussions with the noteholder group.

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Petitioners unsuccessfully attempted to resolve the dispute with the credit card company over an extended period during which additional interest and late payment penalties added to the amount the credit card company claimed that petitioner owed.

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Essentially the goal in re-mortgaging an existing loan is to reduce the payment by getting a lower interest rate, stretching out the payments over a longer period of time, or both.

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