Compounding interest investing

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How Does Compound Interest Work? | Chris Hogan | Chris Hogan Compounding Interest, Simple Interest, Youtube Business, Compound Interest, Money Moves, Money Management Advice, Math Formulas, Money Saving Plan, Financial Peace

Remember learning about exponential growth in algebra class? You have an equation to work out, and then you map a curved line on some graph paper. It starts out low and gradual, but when it finally takes off, it skyrockets! Exponential growth explains how compound interest works, and—if you use it right—this powerful formula can help you build a sweet nest egg for retirement.

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Compound interest refers to reinvesting the money you earned from your initial investment. The interest you earn each year is added to your original balance, which you then continue to earn interest on. Your balance grows at an increasing rate. The following example will show you exactly what kind of effect compound interest can have on your money: #infographics Learn Economics, Financial Literacy Lessons, Financial Knowledge, Savings Ideas, Economics Lessons, Teacher Vibes, Compound Interest, Visual Learning, College Classes

Compound interest refers to reinvesting the money you earned from your initial investment. The interest you earn each year is added to your original balance, which you then continue to earn interest on. Your balance grows at an increasing rate. The following example will show you exactly what kind of effect compound interest can have on your money: #infographics

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