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Compound Interest Calculator
Calculate the power of compound interest on your investments
Investment Details
How to Use
1.Enter your initial investment amount
2.Add monthly contribution (optional)
3.Set the annual interest rate
4.Choose investment period in years
5.Select compound frequency
Compound Frequencies
- Daily: Highest compound effect
- Monthly: Common for savings accounts
- Quarterly: Typical for CDs
- Annually: Simple compound interest
Tips
- • Start investing early to maximize compound growth
- • Regular contributions amplify the compound effect
- • Higher compound frequency increases returns
- • Time is the most powerful factor in compound interest