What is the value of compound interest?

Compound interest can have a dramatic effect on the growth of an investment. Use this compound interest calculator to illustrate the impact of compound interest on the future value of an asset.

Savings

Initial balance or deposit ($)

Annual savings amount ($)

Assumptions

Annual increase in contributions (0% to 10%)

Number of years for the analysis (1 to 50)

Before-tax return on savings (-12% to 12%)

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