Before exploring market-linked products, some investors prefer to understand basic interest concepts and how money grows over ...

Source: Flickr user Dafne Cholet. Simple interest refers to interest that's calculated solely based on the principal, and not any interest that has already accrued. The general formula for computing ...

India, Jan. 9 -- When you plan a personal loan, understanding how interest works is just as important as knowing the loan amount. Many people look only at the EMI and ignore how interest is calculated ...

Calculating the interest rate on a personal loan can be difficult. Most lenders use simple interest rather than compound interest, though, which makes the job a little easier. To calculate how much ...