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How does compound interest
grow $100 a month?
An anatomy machine · press the steps in order
Press
1
to drop your first $100 into the tank.
In the tank
$0
You put in
$0
Interest earned
$0
Last month's interest
$0.00
Time
0 yr 0 mo
The big idea:
interest earns interest
, so the gold grows faster every year.
Machine colour
Break it: example rate
7.0%
a year