Another example of simple interest is a certificate of deposit, or CD as they're more commonly known. This is an investment where you agree to leave your deposit untouched for a fixed amount of time, and in exchange you are guaranteed a certain percentage interest. Below are some CD rates listed in December of $2015$ on

Bankrate.com for CDs with a $3-$years term.

$\backslash$table$[[3$ yr CD$],[$Institution$,$APY,Rate,Min Deposit$],[,\backslash$table$[[1\mathrm{.}25\%$