How to quickly save Rs 1 crore? Use this 8-4-3 rule of compounding
With a little discipline and the power of compounding, you can easily double or triple your savings in the long run. While simple interest is calculated on the principal amount or the money you have invested, compound interest is calculated on the principal amount and the interest that you earn on that. Let’s find out how compounding can help you become wealthier.
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