Want to be a millionaire? Well no!!
By: Mason Lorence and Jamie Cunzeman
Compounding
When something grows over time and the amount by which it grows, grows as well. It's like double growth!!!
Based on quantity invested, how much time it grows, and its rate of growth.
Good, done with that one.
How it can make you a millionaire(NOT REALLY)
Using 10% as an annual growth rate and amount of $100 you will have $11,739.09 after only a measly 50 years! Totally not a million dollars and totally not like, half or more of your life!