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Wiggles
History
25 February, 05:31
How does compound interest work on investments
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Damian Ibarra
25 February, 05:49
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Basically, compound interest is how your money makes money on your behalf. If you invest, it means you not only earn a return on the initial amount of your investment, but also earn a return on your earnings. On the flip side, though, it also means that if you borrow money, you're charged interest on your interest.
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Renee Bowers
25 February, 05:51
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the interest compounds at a higher rate thus making a good profit
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