Compound Interest Calculator
Discover the power of compound interest and calculate your investment growth over time
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Investment Tips
- Start investing early to benefit from the power of time
- Regular contributions multiply your wealth growth
- A small increase in return rate makes a big difference
- Don't withdraw profits, let them grow
What is Compound Interest?
The Concept
Compound interest is interest calculated on the principal amount and accumulated interest
The Formula
A = P(1 + r/n)^(nt)
Where A is final amount, P is principal, r is interest rate, n is compound frequency, t is time
The Magic Power
Einstein called it the "eighth wonder of the world" for its ability to multiply wealth
Practical Example
Investing $10,000 at 10% annual return for 20 years will grow to $67,275