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Time Value of Money Magic Tool: Learn the Power of Compound Interest!

Dive into the world of finance with the Time Value of Money Magic tool! Explore the compounding interest on investments over different time periods and see how your money grows. Understand the significance of early investments and how they benefit you in the long run. This interactive tool is a great learning resource for grasping the concept of time value of money and the magic of compound interest. Make informed financial decisions and watch your investments flourish!

josephine-phelps
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Time Value of Money Magic Tool: Learn the Power of Compound Interest!

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  1. Time Value of Money Magic!“Active Learning Tool”

  2. Time Value of Money Magic! Year 50 Interest Earned: $845.46 Amount Investment is Worth: $2945.70 Year 20 Interest Earned: $111.07 Amount Investment is Worth: $386.97 Year 15 Interest Earned: $79.19 Amount Investment is Worth: $275.90 Initial Investment (Principal): $100.00 at 7% compounding interest Year 1 Interest Earned: $7.00 Amount Investment is Worth: 107.00 Year 10 Interest Earned: $56.46 Amount Investment is Worth: $196.72 Year 5 Interest Earned: $33.26 Amount Investment is Worth: $140.26

  3. Which is worse… Spilling the beans? OR Never having them?

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