Compound Interest Calculator
Discover the exponential growth of your wealth over time.
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Deep Dive: How Compounding Works
Compound interest is the interest on a loan or deposit calculated based on both the initial principal and the accumulated interest from previous periods. Einstein famously called it the "eighth wonder of the world." By reinvesting your earnings, you generate interest on your interest, creating a snowball effect that accelerates wealth creation over long periods. The longer you stay invested, the more powerful this effect becomes.