📈 Compound Interest Calculator
See how your investments grow over time with the power of compounding.
How Does Compound Interest Work?
Compound interest is interest calculated on both the initial principal and the accumulated interest from previous periods. This creates a snowball effect where your money grows exponentially over time rather than linearly.
The Power of Starting Early
The earlier you start investing, the more time compound interest has to work. Even small monthly contributions can grow into significant sums over decades. A $200/month investment at 7% annual return grows to over $120,000 in 20 years.
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