If you invested $10,000 at 5% simple interest for 10 years, you would receive $500 in interest every year, for a total of $5,000 in earned interest at the end of year 10. This would make your total of ...
How reinvesting your profits at the end of the year can impact your investments Pete Rathburn is a copy editor and fact-checker with expertise in economics and personal finance and over twenty years ...