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Compound Interest Calculator

Answers the Question

How much will I earn from compounded interest?

Calculator for Compound Interest

 

What Is the Compound Interest?

Compound interest is one of the most important features of modern finance.

Whereas simple interest looks at growth upon a constant principle, compound interest adds in the interest generated on previously recorded interest. This means that values grow larger and larger each year. As a lender, this means that larger and larger sums will be earned each year. As a debtor, it means that more and more money will be owed each year.

Why Is it Important?

Formula(s) to Calculate Compound Interest

Common Mistakes

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