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There's something magical about the CPF
Add BT as a preferred sourcePublished Fri, Mar 13, 2015 · 09:50 PM
"THIS is not magic; it's just basic mathematics," said Manpower Minister Tan Chuan-Jin in Parliament on Monday.
It triggered my curiosity to find out just how potent the "magic" of compounding interest is and how best to benefit from it.
After all, I left school over 40 years ago. These days, I find myself very dependent on the calculator in my smartphone to do even simple math.
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