Compound Interest
Description
One of the most powerful forces in economics and finance is compound interest.
Not everyone understands compound interest, even though they may reap its benefits or suffer its consequences.
Compounding has the potential to build fortunes and wreck empires. The effects of compounding are also not limited to interest payments. It can apply to a great many things in and out of the natural world.
Learn more about compound interest, how it works and its awesome potential on this episode of Everything Everywhere Daily.
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Executive Producer: Charles Daniel
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