Exponential growth refers to a process where a quantity increases at a consistent rate over time, relative to its current value. In simpler terms, imagine you have $100 that grows at a rate of 10% per ...

We always overestimate the change that will occur in the next two years and underestimate the change that will occur in the next ten. Don’t let yourself be lulled into inaction.” ―Bill Gates ...

Compound interest allows money to grow exponentially by earning interest on both the initial principal and accumulated interest. A $1,000 deposit at a 4% annual rate grows to $1,040 in one year, then ...