Power of Compound Interest

I read this little story a few days back.This story is quite interesting & at the same time it has many valuable lessons.

So the story goes like this:

In a kingdom,there was a person named BHAGAT.He was a talented singer.But he was financially poor.The king of the kingdom was lover of any kind of art.He used to generously reward talented people.

BHAGAT decided to show his singing talent to the king.He went to the court of king.He requested the king to permit him to show his singing talent.The king permitted & BHAGAT impressed the king with his talent.

The king asked him what he wanted as a reward.BHAGAT told king that he wanted grains of rice on the chess board.He told that place one grain in one column & double the quantity in every successive column.

The king felt that BHAGAT had asked for such a small reward that he asked his men to fulfil bhagat's reward.His men started.In the first column a grain of rice,2 grains in second & by the tenth column 512.

By the half of chess board,the quantity grew into lacs.The king understood the intelligence of BHAGAT.The king had to give all his kingdom to reward BHAGAT.

MORAL:
1) NEVER UNDERESTIMATE THE POWER OF COMPOUND INTEREST.

2) INTELLIGENCE SOLVES THE PROBLEM.

3) BELIEVE IN THE MOST POWERFUL COMPUTER IN THE WORLD THAT IS YOUR MIND.