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).

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.

The term "interest compounding" describes the effect of interest being added to the account and then accruing additional interest. For example, an account that compounds interest semiannually would ...

All of you have learned the formula to calculate the compound interest in your school. Compound and simple interests are among the mathematical applications used in real life for years. At certain ...

In the savings game, the most complicated task is figuring out how interest is compounded. But if you’ll give me less than five minutes of your time, I’ll try to explain this devilish animal, ...

The key to taking advantage of compound interest is getting started early! Interest alone is calculated just on that original amount, but compound interest allows your money to grow faster over time.