Compound interest is in your interest.

Here’s an example of the power of compound interest.Let’s say you put a fixed deposit of Rs.100,000 in a bank account which gives you 7% annual interest.You absolutely do nothing else. You let it be in the bank account to accumulate with the interest year after year. In 10 years, you’d have Rs.200,000. You doubledContinue reading “Compound interest is in your interest.”