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Compound interest

LCE

Created on August 12, 2024

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Transcript

The value of compound interest

$4,516

Earned in interest after 35 years!

$6,000

$5,000

  • $1000 deposit
  • 5% annual return
  • No additional funds added
  • No withdrawls.

$4,000

$3,000

$2,000

$1,000

10

15

20

25

30

35

Time in years