The Power Of Compounding: The Rule Of 72 And Other Hacks To Grow Your Money – News18
Last Updated:March 10, 2025, 13:42 IST Compounding helps savings grow by earning interest on the principal and accumulated interest. For instance, Rs. 1,00,000 at 10% for 20 years becomes Rs. 6,72,000. News18 Compounding Formula: Compounding is a powerful financial concept that allows savings to grow significantly over time. Unlike simple interest, which is calculated only…