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Compound interest is the phenomenon that allows seemingly small amounts of money to grow into large amounts over time. Compound interest essentially means "interest on the interest" and is the ...
Compounding is the process where an asset’s earnings, from either capital gains or interest, are reinvested to generate additional earnings for an investor.
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How To Get Rich With Compound Interest - MSN
Compound interest allows money to grow exponentially by earning interest on both the initial principal and accumulated interest. A $1,000 deposit at a 4% annual rate grows to $1,040 in one year ...
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