What's up my fellow Dtubers and steemians,
Welcome to my DTube channel. Last few weeks I talked about financial motivation titles. I believe you've got big idea for improve your finance side. This time I want to introduce magical thing to you. It's mixed interest. Be careful this can be totally down your finance life. But you understand much better you can build up wealth step by steps. Because the mixed interest rate is actually miraculously active, it is often referred to as "magic" in financial texts. When you are asked for your use, you already know that the fee you pay is the interest.
You think that this will affect me. Whether debt is a borrower or a lender will affect you in two ways. If you understand the fundamentals of mixed-interest rates, you will be able to avoid becoming unsustainable.
I give best examples for both sides of borrower and lender. But please look below for growing money long term if you're be lender.
Imagine that you have deposited $ 10,000 in an investment deposit paid at a mixed interest rate of 7%.
For the first five years, $ 4030 grew, while for the second year 5 it was $ 5640, but for the last five years it was evident that there were 42970 million. The growth for the first 25 years is reflected in the past five years. That is why it is important to begin the process of developing its wealth during the youth period.
You can listen carefully it and understand much better. You try to be lender always.
Thank you for listening. Happy Sunday.
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