3 ms·
Not the only factor, but compound interest favors bigger over smaller amounts of money.
by motxilo 15y ago
Not the only factor, but compound interest favors bigger over smaller amounts of money.
- byoung2 15y agoCompound interest favors time more than the amount. People who are wealthy enough to pass money from one generation to the next benefit from having that interest compound over several generations instead of one lifetime.