Getting a high average rate of return does not necessarily equate to actual money in our pocket. A personal finance expert explains why math doesn’t equal money.

In mathematics, a rate is a ratio between two measurements with different units. If the unit or quantity in respect of which something is changing is not specified, usually the rate is per unit ...

The idea of time value of money (TVM) has fascinated finance thinkers since antiquity. A story from the Jewish Talmud (c. 500 CE) illustrates it vividly: a lender falsely claimed a loan term was 30 ...