Compounding vs Procrastination
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1310.72 - 163.84 = 1146.88 NOT 2293.76.
You still miss out on 7 times more than 163.84 which is good enough to illustrate the concept.
2293.76 would be true only if the 1p was compounded 19 times compared with 16 times.
RCbeastly 2 years ago