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   THE POWER OF INTEREST - LEVIED AGAINST YOU or COMPOUNDING FOR YOU

This table illustrates the difference between saving money counted by an expensive 8.9% coin counting machine and not
earning interest on it, through counting your coins free and earning interest on that money. Ahhh, the power of compound
interest.

Years Elapsed No interest on $18.22 saved a month after $20 run through supermarket coin counter No interest on $20 a month saved Three (3) percent interest on $18.22 saved a month after $20 run through supermarket coin counter Three (3) percent interest on $20 saved a month
1
$219
$240
$222
$243
2
$438
$480
$450
$494
3
$657
$720
$685
$752
4
$876
$960
$928
$1,019
5
$1,095
$1,200
$1,178
$1,293
6
$1,314
$1,440
$1,435
$1,576
7
$1,533
$1,680
$1,701
$1,867
8
$1,752
$1,920
$1,974
$2,167
9
$1,971
$2,160
$2,256
$2,476
10
$2,190
$2,400
$2,546
$2,795
11
$2,409
$2,640
$2,845
$3,123
12
$2,628
$2,880
$3,153
$3,461
13
$2,847
$3,120
$3,471
$3,810
14
$3,066
$3,360
$3,798
$4,169
15
$3,285
$3,600
$4,135
$4,539
16
$3,504
$3,840
$4,483
$4,921
17
$3,723
$4,080
$4,841
$5,314
18
$3,942
$4,320
$5,210
$5,719
19
$4,161
$4,560
$5,590
$6,136
20
$4,380
$4,800
$5,982
$6,566
21
$4,599
$5,040
$6,385
$7,009
22
$4,818
$5,280
$6,801
$7,466
23
$5,037
$5,520
$7,230
$7,936
24
$5,256
$5,760
$7,671
$8,421
25
$5,475
$6,000
$8,126
$8,920
26
$5,694
$6,240
$8,595
$9,435
27
$5,913
$6,480
$9,078
$9,965
28
$6,132
$6,720
$9,576
$10,512
29
$6,351
$6,960
$10,089
$11,075
30
$6,570
$7,200
$10,617
$11,655

 

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