📊 Compound Interest Calculator
Calculate the power of compound interest and see how your money grows exponentially over time
💰 Savings Calculator
Calculate how your savings will grow over time with compound interest and regular contributions
💡 Savings Tips
- • Start saving early to maximize compound interest benefits
- • Automate your savings to ensure consistent contributions
- • Consider high-yield savings accounts for better interest rates
- • Review and increase contributions when your income grows
- • Set specific savings goals to stay motivated
How to Use
1. Enter initial principal amount
2. Input annual interest rate
3. Set compounding frequency (daily, monthly, quarterly, annually)
4. Choose time period for growth
5. Add regular contribution amounts
6. View compound growth projections
Features
✓ Multiple compounding frequencies
✓ Regular contribution tracking
✓ Growth visualization charts
✓ Simple vs compound interest comparison
✓ Time value of money analysis
✓ Einstein's 8th wonder demonstration