While some might argue that compound interest is the most powerful force in the universe, it is undoubtedly one of the most powerful financial forces on Earth. Understanding how compound interest ...

Compound interest is interest that's calculated on both the initial principal of a deposit or loan and on all accumulated interest. It's a tremendous advantage for savers and investors but not so much ...

Compound interest is the interest earned not just on your initial investment (the principal) but also on the interest that accumulates over time. In simple terms, it’s “interest on interest.” Think of ...