What's so Great About Compounding Interest?
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Compounding Interest
Compounding Interest allows the money that you invested to continue to grow yearly as long as the capital and dividends are not withdrawn.
However, compounding interest has a different impact on your borrowings, in which it can make your debt grow bigger if you continue to fail to pay the installment
Watch this video for a further understanding of the impact of compound interest power on your investments and debt.
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