The positive thing is that the total present value of money will always be lower than its future value. From the calculations you just performed, you can draw conclusions about the relationship between interest rates, time, and future amounts.
The power of compound interest shows you how you can actually use and grow interest rates . If your savings accrue interest, that interest will accrue to you and the amount.
This is how often the accumulated interest is paid in a year. In general, the more times the interest is compounded, the larger the amount of interest compounded. Tax rate and tax period.
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