Learn the basics of Simple and Compound Interest with easy formulas, examples, and clear differences to help you score better in exams and understand financial growth.

Compound interest can help turbocharge your savings and investments, or it can quickly lead to an unruly balance, keeping you stuck in a cycle of debt. Its magic can help you earn more — or owe more.

Interest rates on subsidized Stafford Loans are set to double July 1, 2013. June 3, 2013— -- You've heard vague mentions of interest rates doubling on some student loans and it makes your stomach ...

A simple interest loan doesn’t charge you additional interest on your accrued interest. In other words, the only interest you pay is on the outstanding principal balance of your loan. Auto loans and ...