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Finance ABC
9. Financial Mathematics: Compounding and Discounting
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Welcome to Finance ABC! I’m Emma Lai, and today we’re diving into a fundamental topic in financial mathematics: compounding and discounting. These concepts may sound technical, but they’re incredibly important for anyone looking to understand how money grows or loses value over time. Compounding and discounting are at the core of everything from saving for retirement to valuing investments, and once you understand these principles, you’ll be equipped to make better financial decisions.
