Calculate the Growth of Investment Funds (2)


Compound interest

In past articles we have discussed about simple interest, now I will continue with a discussion about investment with compound interest method.

Compound Interests
The concept of compounding interests is a concept in which the interest you earn will be added to your principal, so that the interest earned in the next year will be even greater. Just like a snowball rolling from the top of the hill of snow. Further down the larger.

Now we’re back to use the example of money $ 1 million earlier. When you open a deposit worth $ 1 million with a 12 percent interest per year, the balance of your investment at each end of the year are as follows: (more…)



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