This topic plays an important role in getting higher marks in SSC exams effortlessly as you have to only apply the formula and do simple calculations. There are almost 1-2 questions, which are ...

Compound Interest is one of the most important topics in Quantitative Aptitude Section. Questions from this topic are frequently asked in Banking and SSC Examinations. The value of money is not ...

Daniel Jassy, CFA, is an Investopedia Academy instructor and the founder of SPYderCRusher Research. He contributes to Excel and Algorithmic Trading. Compound interest is interest that's calculated on ...

Steven Nickolas is a writer and has 10+ years of experience working as a consultant to retail and institutional investors. Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor ...

Interest is the amount of money you must pay to borrow money in addition to the loan's principal. It's also the amount you are paid over time when you deposit money in a savings account or certificate ...