Compound Interest Calculator
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A compound interest calculator helps you easily figure out how much your money will grow over time with compound interest.
It takes into account the initial amount you invest (the principal), the interest rate, the time period, and how often the interest is compounded (ie yearly, monthly or daily).
Using the calculator, you can quickly see how your money will grow at different rates or time periods without having to do all the Maths yourself
This is how it works :
You input the starting amount, the interest rate and the number of years you plan to save or invest for. The calculator will show you how much your investment will be in the future. It’s a great tool to understand the power of compound interest and see how small changes can lead to big differences in the amount you end up with!
Compound Interest Calculator
Result:
Future Value: £0.00