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 ,