tag:blogger.com,1999:blog-40791039871859767512016-06-25T11:39:14.838-07:00Compound Interest CalculatorGreat compound interest calculator online, which gives you a nice table with the compounding of your investment/deposit and you can see its growth in details.Interest formula and deposit calculator.Webpublishernoreply@blogger.comBlogger5125tag:blogger.com,1999:blog-4079103987185976751.post-66868388654464614302017-05-01T00:23:00.000-07:002015-10-29T00:31:23.377-07:00Compound Interest Calculator - Future Value Of An InvestmentThis is a very useful compound interest calculator. Here you can calculate the future value of an initial deposit/investment after a specified period (in years) rate of interest.
This is a quick guide of how to use the compound interest calculator:
1. "Enter an Initial amount" - this is the starting amount for the calculation
2. "Annual addition" - if you plan adding to your initial amount everyWebpublishernoreply@blogger.com1tag:blogger.com,1999:blog-4079103987185976751.post-88678041272665607072015-10-29T01:10:00.000-07:002015-10-29T01:10:00.666-07:00If You Want To Get Rich Compounding, Start YoungAs we see on this blog, compounding can make you rich. It's slow, but it CAN make you rich. According to me, It's actually not the best way to make it, because you will end up a rich pensioneer, but it's a real way to do it. So, if you have chosen this way to wealth, here is one really important thing you should know about. This is one of the most important factors in the wealth equation, and Webpublishernoreply@blogger.com0tag:blogger.com,1999:blog-4079103987185976751.post-42928961964404595822011-10-31T13:04:00.000-07:002015-10-29T00:31:31.802-07:00Compound Interest FormulaHere we will go through some compound interest formulas , used for the calculations in compounding. The very basic formulas associated with compound interest are these for the future value of money and the present value of money.
Basic Compound Interest Formulas
The future value compounding formula - shows what an investment would be after a certain period (in the future) compounded at a Webpublishernoreply@blogger.com0tag:blogger.com,1999:blog-4079103987185976751.post-42895541940871014302011-10-28T03:24:00.000-07:002015-10-29T00:31:49.006-07:00Compound Interest Definition In Simple Words
What Is Compound Interest?
The following is a simple explanation of compound interest and the so called compounding. So lets say that we have a thousand dollars ($1000), which we would like to invest in a bank deposit for 5 years. The bank gives us 10% interest yearly on our money, because they use it for their purposes, as long as we keep the money with them. So this is what happens with the Webpublishernoreply@blogger.com0tag:blogger.com,1999:blog-4079103987185976751.post-5113176553603351302011-10-28T02:17:00.000-07:002015-10-29T00:31:57.177-07:00Compounding Interest Rate ChartHere is an example chart of the compounding interest rate, in which a $100 deposit is invested for 40 years, earning 10% interest rate yearly. As you can see there is an exponential increase of the value of the deposit over the years:
Only 10% compound interest rate is needed to make $4525,93 from an initial investment of only $100 and no work at all :) ! This is an example of how money can Webpublishernoreply@blogger.com0