Since CDs typically have a fixed interest rate, you can accurately determine how much you’ll earn when your CD matures. Compared with simple interest, compound interest grows your money faster.

Formula for calculating amortized interest Here’s how to calculate the interest on an amortized loan: Divide your interest rate by the number of payments you’ll make that year.

Wondering how much interest you could earn in a savings account? Here's how to crunch the numbers to calculate your earnings.

Interest is the monetary charge for the privilege of borrowing money, typically expressed as an annual percentage rate.

A simple technique to convert a lease's finance chart into a more meaningful annual interest rate.