Ok class - we just learned about Compound Interest and the rule of 72. Or at least I talked at you about Compound Interest - but did you really learn anything? Please explain - In your own words! - the principal of Compound Interest and the rule of 72. What is it about Compound Interest that inspired Einstein to say "The most powerful force in the universe is compound interest".Use a Compound Interest calculator to see just what happens to money when Compound Interest is applied.
Links about Compound Interest.
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