Magic force in Real Life

10percentfinance

Time to dive back to School mathematics

1. Simple Interest

2. Compound Interest

Simple Interest

Simple Interest is the interest earned only on the principal amount initially invested.

Compound Interest

This is a phenomena which is often observed in life whether in terms of money or knowledge

Simple Interest is the interest earned on the principal and the interest amount during the investment period.

Check out my blog post to understand more about this

10percentfinance - compounding the magic force

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