The Power Of Compound Interest!
Say you have $100 & earn 10% interest. You now have $110. Reinvest that $110 and earn 10% you now have $121 and so on. Continue adding profit to principle & reinvest.
– Mathematical Example Only –
The chart below shows a starting balance of $500 x 3% interest compounded weekly. This is the power of compound interest! We link to a financial calculator below so you can see for yourself. Our results are below the calculator.