Compound interest grows your investment as earnings are reinvested to earn additional interest. Investing early in compound interest accounts like savings or CDs maximizes wealth over time.

Last summer, I had a chance to sail in a local Wednesday night race with some friends I had not seen in a while. They have a PHRF boat they sail in the jib and main class, and although their priority ...

There are two different ways of calculating interest -- simple and compound. Here's how to calculate each, as well as the key differences and similarities between the two. Simple interest is well, ...