^IXIC 
$13,294.00 
^DJI 
$31,153.76 
^FTSE 
$6,483.43 
AAPL 
$123.73 
GOOG 
$2,053.20 
WMT 
$130.84 
AMZN 
$3,096.17 
CVS 
$68.31 
MSFT 
$233.89 
HD 
$257.99 
    ^IXIC 
    $13,294.00 
    ^DJI 
    $31,153.76 
    ^FTSE 
    $6,483.43 
    AAPL 
    $123.73 
    GOOG 
    $2,053.20 
    WMT 
    $130.84 
    AMZN 
    $3,096.17 
    CVS 
    $68.31 
    MSFT 
    $233.89 
    HD 
    $257.99 

The Importance Of Compound Interest

Compound interest (or compounding interest) is interest calculated on the initial principal, which also includes all of the accumulated interest from previous periods on a deposit or loan. Thought to have originated in 17th century Italy, compound interest can be thought of as
“interest on interest,” and will make a sum grow at a faster rate than simple interest, which is calculated only on the principal amount.

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