The Concept Of Compounding Rate Of Iterest. The Concept Of Inflation And Investment Simply Explained
THE POWER OF COMPOUNDING:
FIND BELOW AN EXAMPLE HOW TWO PERSONS' INVESTMENT RETURN DIFFERS JUST BECAUSE ONE STARTS INVESTING 5 YEARS EARLIER THEN THE OTHER,
Now, before you go to another article read what ALBERT EINSTEIN said about compounding rate of interest,
THE POWER OF COMPOUNDING:
Just
see the difference of investing 5 years more and 3 lakhs rupees more. It is a
whopping 71.04 lakh rupees. You can calculate yourself to make sure!
You
can also relate this to understand that Mr. B started investing 5 years earlier
than Mr. A and look at the difference. So this also signifies the important of
starting investing as early as possible.
Below
you can see, the same calculation showing power of compounding rate of interest
if rate of interest is 15%.
Now
we will see below what happens to your investments if the rate of return is 20%
on compounding basis.
FIND BELOW AN EXAMPLE HOW TWO PERSONS' INVESTMENT RETURN DIFFERS JUST BECAUSE ONE STARTS INVESTING 5 YEARS EARLIER THEN THE OTHER,
Now, before you go to another article read what ALBERT EINSTEIN said about compounding rate of interest,
