Learn what compound interest is, how it’s calculated—from annual rates to continuous compounding—and why it’s powerful for savings (and dangerous for debt).

Michael Boyle is an experienced financial professional with more than 10 years working with financial planning, derivatives, equities, fixed income, project management, and analytics. Suzanne is a ...

Businesses rarely loan or borrow money without receiving or paying interest on the loan amount. Although loans may use simple interest, most loans compound the interest periodically or continuously on ...