Common mistake
Believing interest is only ever paid on what you put in
It sounds like this
“The interest is paid on the money I put in, not on the interest it's already made.”
Why it’s wrong
When the growth is left in, next year's percentage is taken of everything, earlier growth included.
The lesson that fixes it
Cognosc spots mistakes like this.
When you explain something in your own words, Cognosc can tell exactly which mistake you’re making — not just that you’re wrong — and gives you a short lesson to fix that one thing.