Answer:
You can open a savings account that offers quarterly, yearly, or even daily compounding of your money. The more it compounds (daily for example) will allow it to grow a little faster than other methods of compound interest.
Explanation:
The ways that one can harness the power of compounding include:
Compound interest is simply a way that is used in saving money and growing wealth. It's also vital for increasing one's net worth.
To harness the power of compounding, the person should maximize the time and interest rate. It's also important for an individual to stick to a long-term investment strategy.
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