Compounding Interest Rates – When Your Interest Begins Earning Interest

Anyone who has ever had a loan has probably heard of compounding interest rates. This is when the interest is added to the principle sum of the loan and, thus, begins earning interest itself. Of course, compounding interest rates is

Compounding Interest Rates – What you Should Know

There are plenty of things that affect loans, and since loans have an effect on most aspects of finance and business, understanding some of the many variables is important.  Interest rates are one of the most obvious factors that influence