Zisan Islam
@zisanislam61
Imagine you invest $10,000 at an annual interest rate of 7%, compounded annually👇 • After 10 years: Your investment would grow to about $19,672. • After 20 years: It would increase to about $38,697. • After 30 years: It would skyrocket to approximately $76,123. This illustrates how the initial investment more than doubles every 10 years due to the compounding effect.
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