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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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Video 4 Discussion

Video 4 Discussion

Q Discuss the following Video in this week's Module, Videos are short and intended to highlight a few key concepts from our Module. • This is a graded assignment. • Your Post must be responsive to the question asked to receive full points, see Rubric, • Your Post must be 100 words or more, you must provide a word count at the end of your Post. • You must provide a Reply to another student's Post, your Reply must be 25 words or more, you must provide a word count at the end of your Reply. A short video on the topic of simple verse compound interest. In your own words give just a brief description of how compound interest works? https://youtu.be/wf91rEGw88Q A brief description of how compound interest works.

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Compound interest is interest on interest. Under the compound interest framework, the interest earned is both on the actual principal amount and the principal plus interest amount that has been accumulated in the next year (Anthony Robbins, Money, Master the Game | Power of Compound Interest, 2015).