Compound interest is either your best friend or your enemy. Here’s how to make it work for you.


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Compound interest can be one of the most beneficial or damaging things to your wallet. And it all depends on whether you're earning it or paying it.

When you're earning compound interest, you could end up with a far larger balance than you initially invested. But when you're being charged compound interest, you could end up paying far more than you ever borrowed.See the rest of the story at Business Insider

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