Learn more about the difference between simple interest vs. compound interesnt. This is important for all investors to understand.

Simple interest is based on the principal amount of a loan, while compound interest is based on the principal plus accumulated interest. Learn more in our guide.

Interest is defined as the cost of borrowing money or the rate paid on a deposit to an investor. It can be classified as simple interest or compound interest.

Find out why compound interest is better and how to get the best bang for your buck.

Albert Einstein called compound interest the "8th wonder." Learn how this simple wealth-building tool can double your money - ...

The Concepts of Simple Interest & Compound Interest. Whether you are paying interest or being paid interest, it's important to fully understand how that interest is calculated.

CNBC Select defines compound interest, how it works and ways to take advantage of it if you're looking for a new credit card or somewhere to stash your cash.

Unlike simple interest, which calculates returns solely on the initial investment, compound interest generates earnings on both the principal and accumulated interest.

Getty Images A simple interest loan does not compound, making it cost-effective for borrowers. Knowing your loan's interest rate matters, as does learning how that rate is calculated.

That's because the simple compound interest equation is simultaneously eroded by five factors: fees, inflation, taxes, market performance and the other ways you could spend your money.

How does compound interest work with CDs? There are two kinds of interest you can earn on a deposit account: simple and compound interest.