Learn about how and why stocks grow exponentially, as well as how you can calculate the hypothetical growth of an investment.
- Compound interest refers to the concept of "interest on interest"
- Compound interest = exponential growth while simple interest = linear growth
- Many businesses exhibit compound interest as they expand exponentially
- The compound interest formula can be used to model hypothetical stock growth
Access our compound interest calculator on google sheets or excel with the links/attachments below.