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).

If you have a savings account, you might want to know how much you'll earn in interest for parking your cash there. Fortunately, calculating interest on a savings account is not as tough as you ...

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.

Compound interest is a powerful force for consumers looking to build their savings. It creates a multiplier effect on your money that can help it grow more over time. Knowing how it works and how ...

Understanding the "Rule of 72" can help consumers see how quickly credit card debt can grow due to compound interest. The Rule of 72 is a simple formula to estimate how long it takes for debt to ...

With compounding, your money grows -- and the amount by which it grows also grows. Compounding can help you get to a million dollars -- or more. "Enjoy the magic of compounding returns. Even modest ...

If you’re considering opening a Certificate of Deposit (CD) or already have one, you might be wondering how to calculate CD interest and estimate how much you’ll earn over time. CDs are a low-risk ...

Do you have lofty dreams that require building up your savings? You may be saving for a car, vacation, or down payment on a home. Are you taking advantage of compound interest to reach your dreams?

If you have a savings account, you might want to know how much you’ll earn in interest for parking your cash there. Fortunately, calculating interest on a savings account is not as tough as you might ...