(CompoundInterest.mov - QuickTime - 1.3MB)
Lucerne Systems
Home of Horizon for Mac
This example shows the power (and danger) of
compound interest. What would happen if you
borrowed $100, and had to pay 1% per day interest,
without paying back any of the original $100?
(CompoundInterest.mov - QuickTime - 1.3MB)
(CompoundInterest.mov - QuickTime - 1.3MB)