Greg DePersio has 13+ years of professional experience in sales and SEO and 3+ years as a writer and editor. Simple interest is calculated only on the principal balance of the loan each period.

Elvis Picardo is a regular contributor to Investopedia and has 25+ years of experience as a portfolio manager with diverse capital markets experience. Michael Boyle is an experienced financial ...

FleetOwner helps commercial fleet executives and maintenance managers who oversee the operations of five or more vehicles. FleetOwner's award-winning editorial and veteran sales staff help trucking ...