A primer on compounding interest …

If you want to understand the difference between ’simple’ interest and ‘compounding’ interest – and, if you want to understand why it makes a difference as to how often you compound that interest – then watch this video (until the presenter starts writing with a blue pen … from that point on, only watch if you are a mathematician) …

4 Responses to “ A primer on compounding interest … ”

1. Steve says:

   November 1, 2009 at 7:23 pm

   weee haaa . can I loan anyone any money here? hahaha
2. Rick Francis says:

   November 2, 2009 at 7:37 am

   I love the topic of compound interest- because it is so powerful, but so misunderstood. Here is my post that explains it graphically: http://ponderingmoney.com/2009/10/12/you-need-to-understand-compound-interest/

   I even used rates you can get without breaking the law .

   -Rick
3. Adrian says:

   November 2, 2009 at 1:33 pm

   @ Rick – In that case you won’t like my follow up post (stay tuned!)
4. The rule of 70 …- 7million7years says:

   November 22, 2009 at 1:18 am

   [...] than a tenuous link to my previous video on compounding, the only reason that I am showing this video is because of this guy’s uncanny similarity to [...]