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The “Magic” of Compounding Interest
The “Magic” of Compounding Interest This may be a stupid question. If you split 2 different accounts that compound interest at the same or similar rate of return, would it yield the same or similar results as if you’d kept the total amount of money growing within 1 account? What I’m getting at is, does the amount matter when it comes to compounding interest? I’m trying to wrap my...
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