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1. Compound Interest Calculator can help you find out how much your investment can grow based on initial payment, compounding frequency, number of years, additional contribution and annual rate.
2. In finance, compound interest means the interest you earn every year is added to the principal so that your balance can grow at a very fast rate.
3. "Compound interest is the 8th wonder of the world" - Albert Einstein said.
4. Calculate compound interest with ease.
5. You may use this concept to stay on top of your saving or retirement plans.
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