2. Financial Literacy
Melwin Mehta

4. Compound Interest

5. Compounding
Compounding 0% 5% 10% 12% 15% 20%
Starting Capital 100000 100,000 100,000 100,000 100,000 100,000
Year 1 100000 105,000 110,000 112,000 115,000 120,000
Year 5 100000 127,628 161,051 176,234 201,136 248,832
Year 10 100000 162 k 259,374 310 k 404,556 619,174
Year 20 100000 265,330 672,750 964,629 1,636,654 3,833,760
Year 30 100000 430 k 1,744,940 3 m 6,621,177 23,737,631

9. Thank You

10. Thank You