Compound Interest for Dummies: A simple guide to compounding
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Compound Interest for Dummies: A simple guide to compounding
Compound interest is often called the "eighth wonder of the world," and for a good reason. It’s the secret behind growing your wealth exponentially over time. So, what exactly is compound interest? Compound interest occurs when the interest you earn on your investment is reinvested, earning even more interest in the future. Simply put, it's ...
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