Compound interest chart

Compound interest refers to reinvesting the money you earned from your initial investment. The interest you earn each year is added to your original balance, which you then continue to earn interest on. Your balance grows at an increasing rate. The following example will show you exactly what kind of effect compound interest can have on your money: #infographics

Compound Interest Explained

LONG overdue were these compound interest references to my Algebra word wall. If you own this word wall you’ll find the updates on pages 61-65. #algebra #algebra1 #mathwordwall #mathvocabulary #conceptualmath #visualmath #iteachalgebra #compoundinterest #financialliteracy #consumermath #exponentialgrowth #mathteacher #iteachmath #mathclassroom #visualmathwordwalls #algebrawordwall

Here is an example chart of the compounding interest rate, in which a $100 deposit is invested for 40 years, earning 10% interest rate yearly. As you can see there is an exponential increase of the value of the deposit over the years: Only 10% compound interest rate is needed to make $4525,93 from an initial investment of only $100 and no work at all :) ! This is an example of how money can work for you! On the following picture, you can see the detailed increase of the investment calculated…

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With the compound interest calculator, you can accurately predict how profitable certain investments will be for your portfolio.

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Compound interest is the process of your money making money, and then that money making even MORE money.