Simple Truths About Money
3. Money grows exponentially.
Invest $10,000 in one lump sum and after 20 years you will have earned interest
on the $10,000:
At 5%: $16,533
At 10%: $57,275
At 15%: $153,665
Invest $100.00 per month for 20 years (a total investment of $24,000) and
You will have earned interest
At 5%: $17,103
At 10%: $51,937
At 15%: $125,724
Invest your money early, and at a higher rate of return.