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Simple vs. Compound Interest Infographic
Transcribed

Simple vs. Compound Interest

SIMPLE VS. COMPOUND INTEREST SIMPLE COMPOUND $5,000 $5,000 20 years 20 years 7% interest rate 7% interest rate $12,000 $19,348 %24 %24 %24

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Simple vs. Compound Interest

shared by audra4 on Apr 13
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Displays the difference in account growth with simple interest versus compound interest.

Publisher

Audra Kershner

Tags

personal finance interest retirement planning financial planning wealth management

Source

https://thea...you-money/

Category

Other
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