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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).

When managing your money, compound interest can help you increase your net worth safely. In its simplest terms, compound interest helps money multiply at an accelerated pace. Review this information ...

Compound interest is a form of interest calculated using the principal amount of a deposit or loan plus previously accrued interest. Unlike simple interest, which doesn’t apply to previously accrued ...