Finance and Economics

APR, or Annual Percentage Rate, is a crucial aspect of credit cards that you should be aware of, as it affects the amount of interest you pay on your outstanding…

Navigating the world of car insurance can feel like a daunting task, filled with jargon, percentages, and varying rates. But understanding how your insurance premiums are calculated can empower you…

When you sell an investment or asset for a profit, the profit is subject to capital gains tax. Capital gains tax applies to the sale of capital assets, such as…

The Consumer Price Index (CPI) is an important economic indicator that measures the monthly change in prices paid by consumers for a fixed basket of goods and services. By understanding…

Debt-to-Income (DTI) ratio is a crucial financial metric that lenders use to assess a borrower’s ability to repay loans and manage debts. It is calculated as the percentage of your…

Compound Annual Growth Rate (CAGR) is a useful financial metric that measures the average annual growth rate of an investment or financial metric over a specific period of time, typically…

The cost of equity is the rate of return required by equity investors in exchange for assuming the risks associated with investing in a company. This return compensates investors for…

Economic surplus refers to the extra benefits that producers and consumers gain from selling or buying a good or service in a market transaction. It represents the difference between the…

Earnings Per Share (EPS) Growth is a crucial metric in determining a company’s financial performance and profitability over time. It measures the percentage change in a company’s earnings per share…