How to Use compound interest in a Sentence
compound interest
noun-
Also, realizing that compound interest is your best friend.
— Lindy Segal, Glamour, 18 Sep. 2024 -
The magic of compound interest will do the rest and your initial deposit will grow over time.
— Ivana Pino, Fortune, 26 Oct. 2022 -
Your money will grow thanks to the magic of compound interest.
— Ivana Pino, Fortune, 28 Sep. 2022 -
Even a small amount each month can add up if given enough time to let compound interest work its magic.
— David Rae, Forbes, 25 May 2021 -
But the distance the country has come on 8% growth year-on-year for 25 years, that kind of compound interest growth is unfathomable.
— Diana Tsai, Forbes, 29 Oct. 2021 -
Trying to time the market for the best entry point could just lead to years of waiting and missing out on compound interest.
— Jonathan I. Shenkman, Forbes, 17 Sep. 2024 -
Each small goal is like compound interest towards a dream goal.
— Doug Melville, Forbes, 7 July 2021 -
Even so, the impact could build like compound interest, year after year.
— Tom Yulsman, Discover Magazine, 26 Feb. 2022 -
That’s the power of time. More specifically, that’s the power of time and compound interest.
— Peter Dunn, USA TODAY, 20 Apr. 2018 -
Take advantage of the fact that compound interest isn’t working against you, and pay off that principal.
— Nicole Lapin, Forbes, 27 Sep. 2021 -
The principle is set aside and produces growth with compound interest.
— Eric Roston, Bloomberg.com, 28 Sep. 2020 -
This helps demonstrate the power of compound interest and the long-term benefits of making a habit of saving money.
— NBC News, 24 Oct. 2019 -
And getting debt-laden young folk to care about the impact of compound interest on their later years is a near-impossible task.
— Avivah Wittenberg-Cox, Forbes, 14 Apr. 2022 -
The issue with this approach is that the investor loses out on much of the benefit of nearly two decades of compounding interest.
— Ryan O’Donnell, WSJ, 10 Sep. 2017 -
This money will grow over time because of compound interest.
— Julia Wuench, Forbes, 21 June 2021 -
Saving early is key, given the power of compound interest, but many young workers are strapped by student loans and the high cost of living and thus may not feel able to set away funds.
— Aimee Picchi, CBS News, 20 Mar. 2024 -
There are college-specific side hustles to take up, wise mentors to be found, and thanks to the years ahead of you, lots of compound interest to be earned on your savings and investments.
— Hannah Oh, Seventeen, 18 Nov. 2022 -
This is the one time when compounding interest can actually work against you.
— Nathan Bachrach, Cincinnati.com, 20 June 2018 -
Time is a powerful tool to increase your savings since your dollars have a longer time horizon to compound interest.
— Kaitlyn Koterbski, Fortune, 11 Nov. 2022 -
Check out this compound interest calculator to see how your money could grow over time.
— Hannah Oh, Seventeen, 18 Nov. 2022 -
On one hand, getting young people to invest early and experience how the power of compound interest is one of the greatest things that can lead to long-term wealth.
— Derek Horstmeyer, Fortune, 27 Sep. 2021 -
As Albert Einstein once reportedly said, compound interest is the eighth wonder of the world.
— Nathan Bachrach and Amy Wagner, The Enquirer, 31 July 2020 -
Tu’s philosophy centers around the idea that time, coupled with compound interest, forms the bedrock of financial growth.
— Laura Begley Bloom, Forbes, 29 Nov. 2023 -
Investing and saving early reaps huge rewards as a result of the impact of compound interest.
— Expert Panel®, Forbes, 30 June 2022 -
Like compound interest, age gaps start small and then their significance keeps growing.
— Avivah Wittenberg-Cox, Forbes, 12 May 2021 -
The tricky thing is that fertility rates work like compound interest, where a small difference in interest rate can add up to a huge difference over time.
— Cathleen O'Grady, Ars Technica, 7 Aug. 2018 -
Implicit in these four words lies the powerful concept of compound interest.
— Chris Carosa, Forbes, 22 May 2021 -
For many young adult workers, the choice between saving for retirement or becoming debt-free is a no-brainer, due to the burden of compounding interest.
— Scott Thompson, Fortune, 3 Apr. 2020 -
Sure, there was a decent chunk of change, but not enough to comfortably retire and nowhere near what could’ve been there had the money been properly invested and reaping the rewards of compound interest.
— Erin Lowry, USA TODAY, 20 June 2019 -
Those in debt need to know that compound interest builds as the amount of money owed on a loan accumulates on the unpaid principal and previous interest charges.
— Valerie Sweeten, Houston Chronicle, 24 Feb. 2020
Some of these examples are programmatically compiled from various online sources to illustrate current usage of the word 'compound interest.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
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