Discover how simple interest benefits borrowers in car loans and consumer purchases, and learn why it might not be ideal for investors seeking compounded returns.

Greg DePersio has 13+ years of professional experience in sales and SEO and 3+ years as a writer and editor. Simple interest is calculated only on the principal balance of the loan each period.

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 ...

Earn hundreds more on your savings with a top high-yield savings account. See how a simple switch could boost your account balance this year.

For Americans ages 45 to 54, the median 401(k) balance is just $67,769 according to Vanguard’s How America Saves Report. This ...

Unless you worked for Ford’s plastics, paint and vinyls division in the 1980s, you probably don’t know the name Jim Moylan. But you might well know the idea that made this unknown engineer who ...

Editor's Note: APYs listed in this article are up-to-date as of the time of publication. They may fluctuate (up or down) as the Fed rate changes. CNBC Select will update as changes are made public.

Editor's Note: APYs listed in this article are up-to-date as of the time of publication. They may fluctuate as the Fed rate changes. CNBC Select will update as changes are made public. High-yield ...

The Chicago Bulls could lose one of their two-way players in a shocking fashion. According to Joe Tipton of On3 Sports, Trentyn Flowers is currently drawing interest from a handful of the top NCAA ...

Healthy foods are usually whole foods that provide plenty of nutrients, stay low in saturated fat and sodium, and avoid additives like sweeteners. There are many healthy, delicious foods across fruits ...

As the MDGs era comes to a conclusion with the end of the year, 2016 ushers in the official launch of the bold and transformative 2030 Agenda for Sustainable Development adopted by world leaders last ...