Sunday Study Session: Compound Interest and the Rule of 72 | Exploring Markets

Sunday Study Session: Compound Interest and the Rule of 72

Compound interest is very simple. It is also incredibly powerful.

Albert Einstein said, “Compound interest is the eighth wonder of the world. He who understands it, earns it... he who doesn't... pays it.”

Here'e the video from Khan Academy to refresh:




And now the Rule of 72: