The magic of compound interest

------------------- Simple Interest:

When it is removed as soon as it occurs, capital remained constant during the duration enforcement, to simple interest is determined arithmetically.

A SIMPLE EXAMPLE OF INTEREST: UD. Invest $ 1000 All 1 year in Bank Monthly give 1% each month.

. January 1000 x 1% = $ 10 Remove your 10D . February 1000 x 1% = $ 10 Remove your 10D . March 1000 x 1% = $ 10 Remove your 10D . April 1000 x 1% = $ 10 Remove your 10D . May 1000 x 1% = $ 10 Remove your 10D . June 1000 x 1% = $ 10 Remove your 10D . July