Compound, to savers and investors, means the ability of a sum of money to grow exponentially over time by the repeated addition of earnings to the principal invested. Each round of earnings adds to ...
Compound interest is one of the most useful — and relatively low-effort — tools out there to help people take control of their lives and reach their goals. But what is compound interest and why is it ...
Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Thomas J. Brock is a CFA and CPA with more ...