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Channel: Comments on: Money Basics: Simple Interest, Compound Interest, APR and APY
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By: Bill

You should also make the point that compound interest works in your favor when you are saving. Einstein is reputed to have called it the greatest force in the universe. Don’t ignore when saving or...

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By: sam

This is a great round up of what interest means and gives anyone a clear understanding. A real help for those people that have been misled in the past which from the data that is constantly coming out...

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By: Flexo

Bill: I think you skipped the last paragraph. :-)

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By: Tim

Woohoo! Go Financial Literacy Month! Nice work getting doing your part to educate, Flexo!

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