Скачать или смотреть The Power of Compounding Audiobook in bengali | financial advice talks

The power of compounding refers to the concept where returns on an investment are reinvested leading to further returns on the original investment and the accumulated interest This creates an exponential growth effect, where the investment grows at an accelerating rate over time.
Initial Investment: You start with an initial amount of money Interest Calculation: Interest is calculated on the principal and added to it.
Reinvestment: The interest earned is reinvested, meaning it becomes part of the new principal for the next interest calculation.
Exponential Growth: In subsequent periods, the interest is calculated on this larger sum eading to faster growth than simple interest where interest is only calculated on the principal.


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