INTEREST

INTEREST

 There Are Two Types Of Interest

1.Simple interest
2.Compound interest

In simple interest, you will get interested in the money that you have invested.

But in compound interest, you will get interested in your earn interest.

How short you get interested the more you compound on investment.

Example of simple and compound

Simple interest

10000×12%= 1200

After 12 years you will get 14400 in simple interest

BUT  IN COMPOUND INTEREST YOU WILL GET
After 12 years it is about

Ex .in one year you will

Get

10000×12%= 1200

INTEREST= 1200 Rs

After 12 years your earn interest will be

32000 Rs

Is it not interesting ????

Compound interest is Eight wonders of the world

Now the main thing is how you will use it invest a little time to see its magic.

Make your own decision or find a final advisor who will make you learn that thing how the money will work for you even when you sleep at night.

How you could earn by planting A money plant

 In next blog

Thanks for your time and effort.