Simple Interest vs. Compound Interest: Start Earning What You've Been Paying

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  💰 Simple Interest vs. Compound Interest: Start Earning What You've Been Paying Most people don’t realize it, but they’ve been on the wrong side of interest for years. Whether it’s credit cards , auto loans , or mortgages , compound interest has been working against them. But what if you could flip the script and make compound interest work for you? 📊 What Is Simple Interest? Simple interest is calculated only on the original amount (the principal). It’s straightforward and predictable. 📌 Formula: Simple Interest = Principal × Rate × Time Example: If you deposit $1,000 at 5% annual simple interest for 3 years, you’ll earn $150. That’s it — no compounding. 📈 What Is Compound Interest? Compound interest , on the other hand, is interest calculated not just on your principal, but also on the interest you've already earned. It’s interest on interest — and that’s where the magic happens. 📌 Formula: Compound Interest = Principal × (1 + Rate)^Time - Pr...
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Enabling Multi-Factor Authentication in Office365 Admin Portal

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Enabling Multi-Factor Authentication

 

Go to Microsoft 365 admin center

Select Users > Active Users and click Multi-Factor Authentication


 

 

Search for the user and check the box in front of the user name

Click Enable




 

Copy the URL on the clipboard first and click enable multi-factor auth



 

You will get this message below and click close



 

Open a new tab and paste the link to open it.

Click on the arrow down to select the verification option on your choice

As an example of choice: Text code to my authentication is selected.

Check the box for Authentication phone and enter the cell phone number, then save



 

 

Click Setup Authenticator App and you will now see QR-code to scan with your smart phone



Download Microsoft Authenticator App on your smart phone,   



 

Start Microsoft Authenticator on your smart phone and choose Add an account. Choose Work or school account. The camera on your phone will now activate at you can scan the QR-code you got from the webpage on your computer.



 

When you have scanned the code, press Next. 

On your computer, you will see that the webpage is checking your activation status. When it is done, you will get the following message: "Mobile app has been configured for notifications and verification codes".

Click Save and you are done.

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