Compound Interest is one of the most important topics in Quantitative Aptitude Section. Questions from this topic are frequently asked in Banking and SSC Examinations. The value of money is not ...

Simple Interest and Compound Interest chapter is an integral part of Arithmetic chapter, which also means that apart from the quantitative aptitude section, it also holds great relevance in the Data ...

Steven Nickolas is a writer and has 10+ years of experience working as a consultant to retail and institutional investors. Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor ...

So you want financial independence? You want your money to work for you? But how? Well, investing is certainly a great place to start. More specifically, value investing. But how do we really grow ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee, and has a degree in accounting and ...

When it comes to calculating interest, there are two basic choices -- simple and compound. Simple interest simply means a set percentage of the principal every year, and is rarely used in practice. On ...

With this in mind, would you rather have R1,000 per day for 30 days or R1 that doubled in value every day for 30 days? Those in the know would choose the doubling of R1. Why? Because, at the end of 30 ...

Calculating the interest earned in your checking or savings accounts during a bank statement period can help you prepare an accurate budget. You don't necessarily need to use a special checking ...

Whether it's figuring the mortgage on commercial property or the rate on a short-term loan, compound interest calculations are a basic computation for business owners. If your business deals with ...