Compound interest – meaning that the interest you earn each year is added to your principal, so that the balance doesn’t merely grow,
it grows at an increasing rate – is one of the most useful concepts in finance.
Compound Interest Calculator
Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it. ~Albert Einstein
The strongest force in the universe is Compound Interest.
~Albert Einstein
Compound interest is proof of gods existence. ~Jeff Rich
My wealth has come from a combination of living in America, some lucky genes, and compound interest. ~Buffett
There will be good years and there will be bad years, but the compounding will continue on unabated ~Pietros Maneos
If compound interest is indeed the 8th wonder of the world, then leveraged compounding is certainly the 9th, 10th and 11th. ~Pietros Maneos