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’ ...

Interest is the amount of money you must pay to borrow money in addition to the loan's principal. It's also the amount you are paid over time when you deposit money in a savings account or certificate ...