Compound Interest Calculator
Project the future value of your investments with compound interest.
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The Power of Compound Interest
Compound interest has been called the eighth wonder of the world. It's the process where your investment's earnings, from either capital gains or interest, start generating their own earnings. It is the key to long-term wealth building.
Key Factors:
- Principal: The initial amount you invest.
- Contributions: The regular amount you add to your investment.
- Rate of Return: The annual percentage growth of your investment.
- Time: The longer your money is invested, the more powerful compounding becomes.