Compound Interest Explained For Beginners

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[Billyrayyvalentine]

Tomorrow aint promised. Spill the Mill

[jakubgrzybek]

That's only if the double has the ability to duplicate.

[ckabe]

At 51 yrs of age, I've been knowing about this for almost 40 years, one of my elementary teachers asked us this question and had us do it the problem by hand, yes, no calculator in sight, and indeed, the penny comes out to 5.3 million

[chambo]

100% interest compounded daily for 30 days!

[woodyblock]

Dude sweet content. I like how you stole someone else's work and then just took a video of your head. You have earned my subscription.

[jeremiahjohns]

If you're ever asked this, make sure you don't do this in february.

[robert]

Could I get the penny on a month with 31 days, though?

[ekkomillion]

Ok…I did NOT BELIEVE THIS but I literally did the math and it checks out! 😱

[aceboogie]

🗿”Take the million and put it in the magic compound interest account “

🤓“🤯”

[BurpleBrink]

If you are ever feeling useless just remember there are people reacting to videos with their mute on. Reacting to shorts is lame already but common bruh bruh - let us at least hear you

[dawnkacm]

The numbers are blown out of portion. Maybe after you invest until you are 65…😒

[chrystle]

So what account can we get to do this?!

[pizzaduder]

Exponential growth. This is why covid is a problem

[Variable_EnergyGaming]

Get the million dollars, go to 5 banks and ask for a million each, now your up 6 million. 😂

[ryanbrunette]

What value did this edit even add? A face on the left side

[mrfu]

Maybe 5.3 million Pennie’s yet It takes 100 for a dollar so….

[zacjdavis]

Good luck depositing 5 million pennies at the bank

[lukepine]

It's not gonna happen anyways you need it to do it on your own. It will took some time earn this money. Don't believe in such BS like this that looks like easy. Not to mentioned you'll be paying taxes in the long run 😂🤣🤣🤣😂

[ivan]

So. If. You. Invest. Penny's. For. One. Year. You. Come. With. Somuch.

[commonsens]

Just give me 1mil and I will save some and invest some. At the 30th day, I'll have more than 5.3