Over the long run,gaining an extra two percent on an investment makes little difference in earnings generated.

Question

Quizplus · Accepted Answer

Even a small difference in percentage points can compound over time and result in significantly different returns. For example, if an investment of $10,000 grows at a rate of 6% annually over 20 years, it will be worth $32,071. But if the same investment grows at a rate of 8%, it will be worth $46,610. This is a difference of $14,539, which is not insignificant.

Over the Long Run,gaining an Extra Two Percent on an Investment