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Politics : Politics for Pros- moderated
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To: KLP who wrote (423627)4/26/2011 4:08:44 AM
From: unclewest2 Recommendations  Read Replies (3) of 793506
 
see next post for Buffett on Compounding Interest

My favorite illustration of the power of compound interest is the answer to this question.

Would you rather have $1 Million today, or would you rather have one penny today and double it every day for 30 days?
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