Compound Interest: Definition, Formula, How It's Calculated

Understanding the way compound interest (interest paid on both principal and interest) works is key to building wealth or avoiding crushing debt.

Related Keywords

United States ,American ,Elizabeth Aldrich ,American Express National Bank Member ,Terms Of Service ,American Express ,Yahoo ,High Yield Savings ,American Express National Bank ,Motley Fool ,United States Today ,Compound Interest ,Interest Rates ,I Graphics ,Hayanne Gal ,Compound Interest Calculator ,Fi Reference ,Ersonal Finance Insider ,Fi Freelance ,