Our compound interest calculator is simple to use. All you need to do is fill in the following fields: Initial deposit: The amount of money you currently have saved and will use to fund your account.

CNBC Select defines compound interest, how it works and ways to take advantage of it if you're looking for a new credit card or somewhere to stash your cash.

Have you ever come across the terms 'simple interest' and 'compound interest' when reading about savings or asset ...

Compound interest is how your money makes money -- and it can make you rich.