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 ...

Albert Einstein famously called compound interest “the eighth wonder of the world.” Understanding compound interest can help your money work for you — not against you. But what exactly is compound ...