How Does Simple & Compound Interest Affect Investment?

Answer Many factors can affect an investment's results -- the initial amount of the investment principal, the length of the investment time and the stated interest rate for the investment. An investment's... Read More »

Top Q&A For: How Does Simple & Compound Interest Affect Inve...

Homemade Investment Compound for Casting Bronze?

Investment compounds are materials that generally come in powder or concentrated forms, then are mixed with water to create liquid molds that harden around the wax models of sculptures. The wax is ... Read More »

Does a simple interest mortgage charge interest?

A simple interest mortgage does charge interest, but it is calculated differently that on a traditional mortgage. Simple interest is based on the balance of the loan each day, as opposed to each mo... Read More »

Can Investment Interest Be Offset by an IRA Distribution?

An IRA is a retirement planning tool used to save money for retirement. At some point after age 59 1/2 and before age 70 1/2, you must withdraw money from your IRA account. Since you must pay taxes... Read More »

How to Compound Interest on a Loan?

When you borrow money, you end up paying back more than you borrowed because of interest. Interest is a percentage of the amount (the principal) that you borrowed. Lenders who compound the interest... Read More »