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Tag: compounding

The Penny Story

Posted on August 11, 2020August 11, 2020 by Teddy Jones

Have you heard of the penny story? Years ago a wise man related a story in his endeavor to explain compound interest to his grandson foundthe effort more difficult than he had imagined. Now through the years this story has been altered many times but the essence of it, the reality of it,the simplicity of…

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