Simple interest is more favorable for borrowers due to its non-compounding nature. Compound interest benefits investors by allowing earnings to also generate returns. Invest in avenues like stocks ...

There are three types of sentence - simple, compound and complex ... so he walked quickly back to the house.’ Compound sentences are useful for connecting events and ideas in your writing.

Below, CNBC Select breaks down the difference between simple and compound interest, how the latter works and ways you can benefit from understanding compound interest. Simple interest is ...