Power of Compounding: How To Earn Interest From Interest Itself

Earn Interest

Asha and Ravi are two friends. Each has ₹1,00,000 to save, and each earns 8% a year until age 60. Asha invests at 25. Ravi gets around to it at 35. You should note that this is the same amount with the same interest rate and same retirement age. Asha ends up with about ₹14,78,534. […]

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