Compounded growth is a powerful thing. 1% compounded 100 times = 270.48, which is way better than 100%! And it gets even better the more steps you go: 1% x 1

Compounded growth is a powerful thing. 1% compounded 100 times = 270.48, which is way better than 100%! And it gets even better the more steps you go: 1% x 150 = 444.84 1% x 200 = 731.6 People lament the fact that batteries "only get better about 5% per year", but compounding that means they double in performance every ~14 years!