T-Rex: Want to learn accounting but can only make yourself care about cute little puppy dogs? Then welcome to
Narrator: BEST ACCOUNTING PRINCIPLES, BUT WITH DOG ANALOGIES
T-Rex: Let's say I loan you a puppy, and we agree that for every month you have my puppy, you owe me 15% more puppy. This is called "interest"! And if it's "compounded" every month, after one month you'll owe me 15% extra, but after TWO months you'll owe me 32% more puppy, since that 15% puppy interest is being applied on the original puppy plus the extra puppy percentage you already owe me!
Utahraptor: Who wants 15% of a puppy?
T-Rex: ME
T-Rex: It's why I loaned out my initial puppy in the first place. This puppy is called "Principal", by the way. Her name is Principal Puppy and she has spots on her belly. And YES, she's also the principal of Puppydog High because OBVIOUSLY THAT WOULD HAPPEN. She's a good girl, yes she is!!
Narrator: LATER:
T-Rex: I love her
