Compound interest refers to the returns that you earn on interest. The impact of it grows significantly over long time periods. Investment vehicles like CDs, high-yield savings accounts and money ...

Learn what the stated annual interest rate is and how to calculate it without compounding, plus how it compares to the effective annual rate.

Hanna Horvath is a CERTIFIED FINANCIAL PLANNER™ and Red Venture's senior editor of content partnerships. Fox Money is a personal finance hub featuring content generated by Credible Operations, Inc.