Interesting equation on Power of Compounding

In first instance, start with say Re 1 and earn 1% compounded everyday ... at the end of 365 days, your capita becomes Rs.37.80

In the latter, you start with Re 1 and lose 1% everyday - then see how much you are left with.

SOURCE - http://www.vfmdirect.in/search?updated-max=2017-10-30T09:08:00%2B05:30&max-results=20

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