Simple interest calculates earnings or payments based solely on the initial principal, while compound interest grows by calculating interest on both the principal and the accumulated interest over ...
Capital at risk. The value of your investments can go up and down, and you may get back less than you invest. Compounding is a process where interest is credited, not only to the original ‘principal’ ...
There are two different ways of calculating interest -- simple and compound. Here's how to calculate each, as well as the key differences and similarities between the two. Simple interest is well, ...