MiBolsilloColombia on MSN2mon
The magic of compound interest: How to explain it to childrenFor example, you could create a simple line graph showing how $100 grows over ten years with compound interest compared to simple interest. This visual representation can help children see the ...
It all comes down to one elementary mathematical principle: compound interest. Compound interest occurs when the interest that accrues to an amount of money in turn accrues interest itself.
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