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Equal: Agreeing in quantity, size, quality, degree, value, etc.; having the same magnitude, the same value, the same degree, etc. - from Webster's Unabridged Dictionary, Project Gutenberg, public domain
The equals sign, which we now take for granted, was first used in 1557, by a Welsh mathematician named Robert Recorde. (See the Wikipedia article on the equals sign: en.wikipedia.org/wiki/Equals_sign)
Equations used: two equations from “simple” arithmetic; Ohm’s law; Einstein’s energy/mass equivalence equation; Euler’s equation; the law of Sines; An equation for compound interest; Slope-intercept formula for a straight line; Newton’s law of universal gravitation.
The largest equation in the graphic, from "simple arithmetic" illustrates one of the main ideas of arithmetic, namely that a thing is equal to itself. Another one uses a zero. Zero, as we now use it, was invented in India in the 9th century AD. (See en.wikipedia.org/wiki/Zero) Euler's equation, also known as Euler’s identity, relates perhaps the most important constants of mathematics, pi, e, and the square root of minus one. (See en.wikipedia.org/wiki/Euler%27s_identity) There are other ways of representing compound interest, depending on the situation, but the equation used will cover many of them. The Law of Sines has been used in astronomy, to measure distances of bodies within the solar system from the earth. It can also be used in surveying.
Two of the most important statements in English that use the word equal are:
Philippians 2:6 Who, being in the form of God, thought it not robbery to be equal with God: 7 But made himself of no reputation, and took upon him the form of a servant, and was made in the likeness of men: (King James version)
and
We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness. - U. S. Declaration of Independence (I know. At the time, all men weren’t considered equal, and women weren’t included. But it was, and is, a great idea.)
I have created a number of other posters. See the "Posters and charts . . ." album. There's a link on the right. One of the most popular of these, with over 10,000 views, is a poster on the theme of "two." That's right, two, as in 2.
Thanks for looking. Larger sizes available.
If that $5 was, instead, invested in a fund that returned 8.8% (the annualized return of the S&P from 1871-2009), it would grow to $972,140.61 by the time that the 20-year-old turned 65. So, is the coffee really worth it?
I ask myself this question all the time when I'm in line waiting to order my venti triple-shot vanilla non-fat latte. When I think about it, I start to think that the free coffee at work might be alright. I just wish that I was 20 again. At 37, my $5/day will only add up to a little over $212k. The magic of compounding interest is that time is your best friend and most of us don't have as much time as we want by the time that we realize this fact. I don't know why they don't teach kids about this stuff in public schools (they didn't in mine).
BTW, if the 20-year-old could get Warren Buffett to invest his/her money (at his 23% annualized return), that $5/day would turn into a little under 100 million dollars by age 65 ($99,130,678.97). That really makes the free coffee sound good.
Comparing Quantities - Ratios, Percentages & Compound Interest | Concept Map - www.butterflyfields.com/resources/comparing-quantities/
We auto-fill the years in, create a balance and interest rate with which to begin our calculations, and fill in the formula to calculate the balance after year one.
That formula calculated our first year's balance, so we add the one to calculate year two off of the balance of year one. We write this one so it can be auto-filled.
We auto-fill the B column and see compound interest at work. Now in the C column, we want to see how much cash we're earning each year in interest, so we figure the difference between the starting balance and the end of year one.
After auto-filling in column C, we really see how awesome compound interest is... it's basically our money working for us instead of us working for our money.
We made some nice cash the first year! Now we want to see the difference between year two and year one... after we have this one in place, we'll auto-fill the other years.
Make compound interest interesting with parent-paid interest. See blog.famzoo.com/p/famzoo-card-faqs.html#interest-setup
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Use the FamZoo Savings Planner to explain the power of saving with compound interest.
Set up an interest rate on your kid's account to let them experience it.
Higher Savings account piggy bank with a rocket strapped on to its back as a fast rising interest rate in an account and financial success with strong investments growth with quick compound interest.
this is my; effing math homework face..
Strobist: Canon 430ex @ 105mm, 1/32 pwr. Through DIY yellow gel, high camera right.
~143|365~
Open a FamZoo account with parent-defined interest instead! blog.famzoo.com/p/famzoo-faqs.html#interest
Teach your kids the power of compound interest in a time-frame they can appreciate. Set up a virtual family bank.
The secret to getting rich is the miracle of compound interest. Albert Einstein is said to have described compound interest as the world's eighth wonder. The concept involves earning a return not only on your original savings but also on the accumulated interest that you have made on the past investment of your savings.
Our compound interest calculator will show you how much your money will grow over time if you invest it and re-invest your profits every year. It provides a projected future balance and breakdown for the time period. Compound interest is the secret to building wealth over time by investing monthly and re-investing your profits for a period of time.
Our compound interest calculator will show you how much your money will grow over time if you invest it and re-invest your profits every year. It provides a projected future balance and breakdown for the time period. Compound interest is the secret to building wealth over time by investing monthly and re-investing your profits for a period of time. Learn more: www.investment-mastery.com/compounding/
What is Buy and Hold?
Buy and Hold is a long-term investment strategy where an investor purchases assets (stocks, cryptocurrencies, ETFs, or real estate) and holds them for an extended period, often years or even decades. The idea is simple: instead of worrying about short-term market fluctuations, you focus on the long-term growth potential of an asset.
This strategy has been widely used by some of the most successful investors, including Warren Buffett, who famously advocates for holding quality investments over time instead of trying to time the market.
How Buy and Hold Works (Step-by-Step)
- Choose a fundamentally strong asset
- In stocks, this could be companies with strong earnings, competitive advantages, and long-term growth potential (e.g., Apple, Microsoft, Amazon).
- In crypto, it could be assets with real-world utility and strong adoption (e.g., Bitcoin, Ethereum).
- Purchase the asset and hold it for the long run
- You buy the asset and ignore daily price fluctuations.
- Instead of trading frequently, you keep your focus on long-term appreciation.
- Reinvest dividends and profits(if applicable)
- Many stock investors reinvest dividends to maximize compound returns.
- Crypto investors can stake assets to earn passive income while holding.
- Ignore market noise and volatility
- The biggest challenge is patience. Market downturns are normal, but historically, markets tend to rise over time.
blog.revold.us/buy-and-hold-the-timeless-strategy-for-lon...
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It's important to consider if investing your money is the correct decision for you before doing so. Read our five-step investment advice.
Gain a thorough understanding of interest rates in the USA with our comprehensive guide on interest calculation. Learn how to use the Interest Calculator at AllCalculator.net to determine compound interest, compare different types of interest rates, and make informed financial decisions.
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