Compound Interest: Earning Interest on Interest Explained

Compound interest is a financial concept where interest is earned on interest over time, resulting in exponential growth. For example, investing 1000 dollars at 5% annual interest for 10 years, you'll earn more than 500 dollars in interest due to compounding. In this video, we'll break down the compound interest formula, examples, and how it applies to your savings and investments.

Added 2 Jul 2026