Imagine you invest $10,000 at an annual
interest rate of 7%, compounded annuallyđ
âą After 10 years: Your investment would grow to about $19,672.
âą After 20 years: It would increase to about $38,697.
âą After 30 years: It would skyrocket to approximately $76,123.
This illustrates how the initial investment more than doubles every 10 years due to the compounding effect.
#LongTermInvesting #FinancialFreedom #wealthbuilding #investmentgrowth
