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Check with seller The Power of Compounding: Growing Your Wealth Over Time Jaipur
- Location: Jaipur, Rajasthan, India
Imagine you invest Rupees 1,000 at an annual interest rate of 5%. After the year ends, you will get Rupees 1,050. In the second year, you wouldn’t just earn 5% on your last payment of Rupees 1,000, but on the new total of Rupees 1,050. This process continues with each passing year; your money grows faster. However, you can also calculate it with the help of a compound interest calculator.
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