Compound Computation and possible student early retirement
castle

Compound Computation and possible student early retirement

About the use of compound interest, the eighth wonder of the world. Talk to a typical young uni student about pensions and ‘old people’ and immediately eyes will glaze over and brain disengages itself from any idea of intelligent thought, switching across to ‘I’m in a lecture so can catch up on lost sleep’ mode. (To most students, ‘old’ means staggering around on a zimmer frame and probably smelling of cats - just wait till they are ‘old’!!!) However what about compound interest! Have a think on this... Let’s take a guy (and I’ll use the term ‘guy’ and ‘he’…

Continue Reading
Close Menu