Simple interest works in your favor when you borrow money, while compound interest is better for you as an investor.

Learn what compound interest is, how it’s calculated—from annual rates to continuous compounding—and why it’s powerful for savings (and dangerous for debt).

CNBC Select defines compound interest, how it works and ways to take advantage of it if you're looking for a new credit card or somewhere to stash your cash.

Whether you are paying interest or being paid interest, it's important to fully understand how that interest is calculated. There are two basic types of interest: simple and compound. How each type is ...

When money changes hands in the financial world, interest usually applies. When you take out a loan, you’ll typically pay your lender interest as you pay back the amount you borrowed. But if you’re ...

As you work to grow your business, the concepts of simple, compound and exponential growth help you plan for the future sales, profits or values of your efforts. These mathematical concepts also show ...

Your savings is a crucial part of your financial plan. A healthy savings account helps you cover unexpected expenses, pay for large purchases and achieve your financial goals without straining your ...