civil trial interest?

Question

does any lawyer or other person know in a civil trial what the interet it bears is? I know it is 12%. Is it simple interest or compounded interest IF U HAVE A LINK WITH THE ANSWER ALSO U WILL BE GAURENTEED 10 POINTS thanks

im in MASS hopefully that helps

Answer 1

(f) Interest. Every judgment for the payment of money shall bear interest up to the date of payment of said judgment. Interest accrued up to the date of entry of a judgment shall be computed by the clerk according to law. Unless otherwise ordered by the court, interest from the date of entry of a judgment to the date of execution or order directing the payment of said judgment shall also be computed by the clerk, and the amount of such interest shall be stated on the execution or order.

Appears to be compounded

http://www.lawlib.state.ma.us/mrcp54.html

Answer 2

It depends on the state. Each state sets its own statutory interest rates.