Daniel Jassy

What Is Compound Interest Compound interest is interest that’s calculated both on the initial principal of a deposit or loan, and on all accumulated interest. Compound interest is a tremendous advantage for savers and investors. For borrowers, not so much. […]

What Is a Payback Period? The payback period is the amount of time (usually measured in years) it takes to recover an initial investment outlay—as measured in after-tax cash flows. For example, if a payback period is stated as 2.5