Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Simple interest is used when a company borrows money for a loan. Usually this amount will be on a monthly basis. The formula for simple interest is principal times the interest rate times the period.

Math is awesome. Wait!! Don’t click out of here to go read an article about Beyoncé and her twins! Stay with me so I can tell you why math is awesome. Because if you have a basic understanding of math ...

Many students dislike mathematics, especially the concepts taught in higher classes, and often question its application in their lives. However, some math topics hold utmost importance in one’s life ...

Compounding is the quiet force that turns steady saving into exponential wealth creation. The Rule of 72 makes this concept simple — a mental shortcut to estimate how fast money doubles. It’s the ...