The magic of compounding is that your money earns returns, and then those returns start earning returns too. Over long periods, this creates exponential growth rather than simple linear growth.
FV = PV(1+r)^n
Where:
PV = Initial investment (Present Value)
r = Annual rate of return
n = Number of years
FV = Future Value
A simple example
Imagine two ordinary people:
Anita invests ₹5,000 every month from age 25 to 60.
She earns an average 12% annual return.
By retirement, she would have invested about ₹21 lakh, but her portfolio could grow to well over ₹3 crore because the returns themselves keep generating more returns.
If she waited until age 35 to start investing the same amount, she would likely end up with less than half as much, despite investing for only 10 fewer years.
I do not think Dutch as a langugae will disappear from Netherlands as the country still has a large number of native speakers. Though the growing fluency of the population in English might change the way Dutch language is being used in different areas, but I feel the language will remain to be in use in everyday work.
Many people have been seen speaking fluent sansktri language in Goa, rishikesh and Manali they're are learning Sanskrit language and Yoga asana and geeta updesh as they feel that's reality of life
In coming days spiritual practice is going to increase even some boards have try to inculcate Geeta as text book so there would be a frequent need of this language even Rptd PM Modi ji is promoting it
Dr. Akriti 8 hrs ago in B.Com and M.Com Tuitions, MBA Finance, MBA, finance
How the magic of compounding makes ordinary people wealthy?