Compound interest is where you earn interest on the principal amount and also on the interest you have already earned. This ...

Use a CD calculator to figure out the amount of interest you'll earn on an account and what your total CD amount is once it reaches maturity.

If a company does finance an asset with a capital lease, we can calculate the effective interest rate on the lease with a simple spreadsheet formula if we know the amount financed and the payment ...

A simple interest loan only charges interest on your original principal, not the entire balance. You'll often see these for car or personal loans. Keep reading.

The Applicant submitted that even though the Applicant did not separately claim interest on the principal amount, the Applicant is entitled to interest of 8 percent per annum in light of ...