ECONOMIC ANALYSIS: How Hoosiers who smoke are hurting state economy

For those who have gone through life shying away from anything involving numbers, the demonstration of the principle of compound interest is usually an eye-opening revelation. It's quite simple, actually. Money set aside today accrues interest, if it is wisely invested. But so does the interest on what you set aside yesterday. Over a long time span, this snowballing of interest on interest can build up to a sizable nest egg. That's why financial advisers always tell you to start...

 

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