The Power of Compound Interest
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Video Transcript
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Compound interest is literally the secret weapon for building wealth that nobody talks
about enough. It's not just interest on your money, it's interest on your interest,
creating this snowball effect that multiplies your cash faster than you'd think possible.
The image defines compound interest as interest calculated on the initial principal, which also includes
accumulated interest from previous periods. It visually explains this concept with a line graph showing
the exponential growth of interest over 50 years, using annotated equations (e.g.,
Principal +
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