Annual percentage yield (APY) is the effective annual rate of return on an investment. Learn how it accounts for compounding interest and how it differs from APR.

Compound interest refers to the returns that you earn on interest. The impact of it grows significantly over long time periods. Investment vehicles like CDs, high-yield savings accounts and money ...

If you have a savings account, you might want to know how much you’ll earn in interest for parking your cash there. Fortunately, calculating interest on a savings account is not as tough as you might ...