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8th Wonder of the World || Power of Compounding ||
Автор: Samriddhi Talks
Загружено: 2026-01-17
Просмотров: 15
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“Compound interest is the eighth wonder of the world. He who understands it earns it and he who doesn’t pays it.”
The word compounding means that the initial returns or interest that you earned on investment becomes part of the invested capital or principle.
Compounding takes place when the returns or interest generated on the principal amount in the first period is added back to the principal amount in order to calculate the interest for the following periods.
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