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The magic of compounding
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The magic of compounding
1.
Compounding refers
to generating earnings from previous earnings.
2.
3.
4.
5.
6.
If you wish
to calculate how many grains of rice the peasant won, it’s 18,446,744,073,709,551,615, or about 18 quintillion!!
7.
8.
This is what
is popularly known as the ‘Power of Compounding’.
9.
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