If you borrow money, you will usually have to pay back more than you borrow. Steph McGovern explains why both debts and savings keep on getting bigger.
Need cash now? Use our Personal Loans Tool to lock in great offers in minutes! Calculating the interest rate on a personal loan can be difficult. Most lenders use simple interest rather than compound ...
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What Is APY and How Does It Work?

What is APY? This metric allows holders of deposit accounts to accurately understand the amount of interest income that will be generated by their account.
Say you start with $1,000 and earn a 5% return annually. After the first year, you will have earned $50, which is nice, but no great shakes. The second year, you'll earn a return on both the $1,000 ...
Math learning stations can feel like one of those “great in theory, hard in practice” strategies. Teachers often say they are a ton to prep for, it’s tricky to know what to include, and each class ...
Learn how the simple formula for ROI can help you identify winning investments and make smarter investment decisions.
How will a change in interest rates affect my mortgage? Different interest rates and mortgage terms can change your monthly mortgage repayments and the amount you pay in interest. Use our mortgage ...
Newly released M-STEP data shows a mixed picture for literacy amongst Michigan students. The M-STEP measures whether students are proficient in grade level academic standards like ELA and mathematics.
When we put our money in the market, or before we even do, one of the biggest questions we have is: How long will it take for this investment to really grow? Luckily, there's a mathematical shortcut ...