Compound interest

Luc Delorme | Money Talk: Here’s…the Power of Compound Interest | Business

GREAT BARRINGTON — To my amazement, many financial concepts are still not part of our basic education. The result is that many smart people have a misunderstanding of the immense power of compound interest. Many people don’t understand how interest rates work and can’t imagine how compounding multiplies over time. Let’s start with the basics […]