Annual percentage yield (APY) is the effective annual rate of return on an investment. Learn how it accounts for compounding interest and how it differs from APR.
Fixed deposits (FDs) have been a trusted savings tool for many Indian investors due to their low risk and guaranteed returns. However, with varying FD rates in India, it’s crucial to understand how to ...
Capital at risk. The value of your investments can go up and down, and you may get back less than you invest. Compound interest is what you get when interest or income earned on an account goes on to ...