Calculators

Compound Interest Explained Compound interest is a basic term in finance and economics. Compound interest is the result of reinvesting interest, again and again, on a loan, a deposit or an investment (and in other words – it is “interest on interest”). On compound interest (or compounding interest) the interest is added on each period, … Read more

Percentage Calculation Explained A percentage is a number or ratio expressed as a fraction of 100. The percent value is computed by multiplying the numeric value of the ratio by 100. The general formula for calculating percentage is: X/Y = P x 100, when X and Y are numbers and P is the percentage. Percentage … Read more

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