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How to calculate compound interest
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Lora is a freelance contributor to Newsweek’s Vault team, specializing in articles on saving, investing, borrowing and making money. Lora has a master’s degree in library science, and is based in ...
Compound interest can help turbocharge your savings and investments, or it can quickly lead to an unruly balance, keeping you stuck in a cycle of debt. Its magic can help you earn more — or owe more.
Our Compound Interest Calculator helps you visualize how your savings and investments grow over time. By reinvesting earnings, compound interest allows your money to work for you, accelerating wealth ...
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