Compound Interest

What makes one’s investment grow?  EARNINGS!!

I think it was Albert Einstein who said compound interest is the eighth wonder of the world.

Q. What is compound interest?

A.  Money you save in an account earns interest.  Then you earn money on the amount you originally saved, PLUS the accumulated interest.

 

Link: www.dol.gov/ebsa/publications/sffact2/htm

 

 

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