Compounding Interest Explained

04/03/2025 16 min Temporada 1 Episodio 6
Compounding Interest Explained

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Episode Synopsis

What exactly is compounding interest? How does it work? And why should you care about it? In this episode of Closing the Gap, Kate Kuse – a financial education professional for the MO Deferred Comp Plan – does a deep dive into this topic and answers common questions about one of the most powerful tools in personal finance—compounding interest.