Knowing how much interest accrues on an account in a given month can be useful information, for both the borrower and lender. As a borrower, you can use a monthly interest calculation to determine how ...

Michael Benninger is the lead editor of banking at Forbes Advisor, with more than 10 years of experience in the personal finance space. His writing has been published by the Los Angeles Times, ...

Taylor Medine is a staff writer at Forbes Advisor who demystifies complex money topics to help everyday people make more informed financial decisions. Over her nearly a decade of experience, Taylor's ...

Putting your money in a high-yield savings account is a great way to maximize your earnings and grow your money over time. But just how much can you earn based on today’s interest rates? Our savings ...

The standard rate of interest on general damages for pain and suffering and loss of amenities in personal injury cases was fixed at 2% a year by the House of Lords in Birkett v Hayes [1982] 1 WLR 816; ...