Compound Interest

Compound Interest What is Compound Interest? ● “Interest on interest,” and will make a deposit or loan grow at a faster rate than simple interest, which is interest calculated only on the principal amount. ● Compound interest can significantly boost...

Bond

Bond What is a Bond? ● A loan to a company or government. ● These bonds represent debt of the issuer. Each bond is set to mature on a certain date, and at that time the organization will pay back the original loan amount to the bondholder plus interest. Mutual funds...