If you invested $10,000 at 5% simple interest for 10 years, you would receive $500 in interest every year, for a total of $5,000 in earned interest at the end of year 10. This would make your total of ...
What these two processes share is baked into the math of each. In fact, in that respect, they're nearly identical. They both involve some stuff (atoms or money) that is either growing or shrinking.
Compound Interest Investment Tips: Who doesn't want to become rich in today's time? Everyone wants to increase their money through investment so that they can spend their future life comfortably. But ...