What Is an Interest Rate? The simplest way to think of an interest rate is the amount that someone will charge you for borrowing a sum of money. So for instance if you borrow $100 and they want it back with an extra $10 then...

What Are Periodic Payments? There are two ways that you can look at periodic payments and we will take a look at both within this article so that you can understand what each is and how they are calculated. Also, our online finance tutor website...