What if I offered you a deal?
Which would you rather have: a) R5 million, or b) 1c on 1 January that doubled every day until the end of the month (i.e. 31 days compounded)?
Would you believe that the second option is more than twice as valuable as the first? It’s true! It works out to over R10 million by Day 31.
That is the power of multiplication!