Reviewed by Amy Drury What Is Compound Interest Compound interest is interest that's calculated both on the initial principal ...

The Excel formula for calculating the discount rate is =RATE (nper, pmt, pv, [fv], [type], [guess]). It’s often used to calculate the interest rate for a loan or determine the rate of return ...

Her expertise is in personal finance and investing, and real estate. The interest rate is the percentage of interest relative to the principal. It is either what lenders charge borrowers or what ...