Finance

The Magic of Investing Compound Interest

The Magic of Investing Compound Interest

Broad purpose of this article is to analysis the Magic of Investing Compound Interest. To obtain the best of compound interest, the existing negligible fund must be invested in a profit yielding venture and regularly reinvested with its profits over a long period of time. This article discuss following things in Compound Interest terms, like: amount to be invested, Regularity of investment, Annual rate of returns and Number of years of the investment. Compounding of interest in an investment is responsible for the wealth created in Bangladesh by Prof Dr. Muhammad Yunus of Grameen Bank.