Tuesday, December 1, 2009

p. 19-28 = Compounding

Choose 2 of the following to write about--
1--Why is compounding beneficial to someone who saves?
2--Talk about the Power of Compounding--
3--What are the two most important factors that increase the effect of Compounding?
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23 comments:

  1. Matt BaughmanDecember 1, 2009 at 11:16 AM

    If you have the option of compounding interest, I do not see a reason to avoid this because in the long run you will have more money.

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  2. TiffyDecember 1, 2009 at 11:17 AM

    1--Why is compounding beneficial to someone who saves?
    Because compounding builds up over time and in the end, the money increase is very beneficial.
    3--What are the two most important factors that increase the effect of Compounding?
    Time and Return

    ReplyDelete
  3. AnonymousDecember 1, 2009 at 11:17 AM

    with the interest, your money keeps building
    rate (interest) and time

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  4. AnonymousDecember 1, 2009 at 11:18 AM

    1. you keep building on your money, interest already earned included and its an easy steady way to build your money.

    3. the longer saved, the more effective compounding is, and the more return the more money you gain every year

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  5. beth culpDecember 1, 2009 at 11:18 AM

    compounding is beneficial to someone who saves because they collect money on the original investment plus the interest earned from all previous periods, time and return are the two most important factors that increase the effect of compounding.

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  6. AlisaDecember 1, 2009 at 11:19 AM

    Compound interest allows you a certain amount of interest and the interest is added to your total that you already saved. Keeping the interest and your savings in one spot is most beneficial so it will continue to increase in value.

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  7. Zach BrebnerDecember 1, 2009 at 11:19 AM

    Compounding is a very powerful deal, allowing you to gain a ton of cash in a ton of time!The two most important factors dealing with it are Time and Return.

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  8. AnonymousDecember 1, 2009 at 11:20 AM

    Compounding can be very beneficial and when you have a high enough interest rate and keep it in there a long time the money will raise a lot.

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  9. AderDecember 1, 2009 at 11:20 AM

    This comment has been removed by the author.

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  10. J-boDecember 1, 2009 at 11:21 AM

    Compound interest lets you gain more money in less time than regular interest allows you to get money because it doubles twice as much allowing you to collect more money in the least amount of time

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  11. hesstDecember 1, 2009 at 11:22 AM

    1. You will earn a lot of money if you save up.
    3. The two most important factors are time and return.

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  12. AderDecember 1, 2009 at 11:23 AM

    Compounding will let you gain money and plus the interest will increase the sum of money

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  13. Mike GrothDecember 1, 2009 at 11:24 AM

    a combination of holding and saving your money can make you a descent ammount money

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  14. Cody WellsDecember 1, 2009 at 11:30 AM

    Compounding is beneficial to people because if they put a little money in and they have patience the return will be very nice.
    Time and Return are the two most important factors

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  15. Katelyn LaursenDecember 1, 2009 at 11:33 AM

    yes, the longer you save the more interest you receive.
    the longer the time, the more powerful the effect of compounding
    the higher the return, the more powerful the effect of compounding

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  16. AnonymousDecember 1, 2009 at 12:02 PM

    Compounding interest helps you make more money because you are able to have interest grow on interest.

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  17. MichelleDaleDecember 1, 2009 at 12:03 PM

    compound interest=the more time your money is left in an account, the more interest it will collect and every year it will collect even more interest as the previous interest is added into the original sum

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  18. lillyDecember 1, 2009 at 12:03 PM

    time and return are two important factors that effect compounding...you can put in a little money and over time you will be receiving more money

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  19. Becky SeivertDecember 1, 2009 at 12:03 PM

    the more you save and the longer you wait, the interest will go up and it is an easy way to earn money, just being patient.
    the longer the TIME.. the more powerful the effect of compounding. the higher the RETURN the more powerful the effect of compounding

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  20. AnonymousDecember 1, 2009 at 12:03 PM

    compounding interest lets you have more money over time

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  21. Juilfs1December 1, 2009 at 12:04 PM

    Compounding is beneficial to someone who saves because it'll add on more money to the money they're saving up on. The power of compounding gives you the advantage to gain some money in the long run.

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  22. AnonymousDecember 1, 2009 at 12:04 PM

    without compounding money you will not get any return. He mentioned in the book that you would be theoretically spending the $5. time and return are the two most important factors.

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  23. Chelsea PeterDecember 1, 2009 at 12:05 PM

    compounding will help you earn more money and the interest on it will also help increase the amount.
    the higher return you have, the more effect of compounding it has. Also time is the other important factor

    ReplyDelete

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