Why is compounding called 8th wonder of the world?
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The NE of Brazil is sparsely populated inland but is densely populated at the coast. Main cities here include Recife and Fortaleza. 5. The population tends to be denser, even in dry areas like NE Brazil and densely vegetated areas like the Amazon, along rivers.
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Compounding interest separates the rich from the broke.
The great Albert Einstein once said “Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn't … pays it.” ... When you get into high interest debt, you are now fighting against the inevitable force of compounding interest.......................
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