Discrete compounding refers to the method by which interest is calculated and added to the principal at certain set points in time. For example, interest may be compounded weekly, monthly, or yearly.

The world of finance can seem boring to many people, and it's true that the thought of accounting rules, tax laws, valuation formulas, and inventory management systems might put you to sleep. But ...

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 ...

Have you heard of the power of compounding? Well, it is exactly that: the power of compounding. In other words, the very essence of that power lies in the impact true patience brings to your long-term ...

In the real world, simple interest is rarely used. When you deposit money into an interest-bearing account, or take out a line of credit, the interest that accumulates is added to the principal, and ...

It is often said that compound interest is the eighth wonder of finance. The compound interest calculator is a quick method of estimating the future compounded value of an investment over a period of ...