Do you want to know how much interest your loan or investment will accumulate overtime? Use this simple calculator.
If you want to how interests are calculated, Read my previous article “Investing Rules: Compounding Interest”
Annual Interest Calculator
Compounding Interest
| Year | Interest | Accumulated Amount |
Simple Interest
| Year | Interest | Accumulated Amount |
This calculator assumes that the interest rate is the same overtime.
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Time is what give things value. So don't waste it, invest it.
"Compound interest is the eighth wonder of the world. He who understands it, earns it ... he who doesn't ... pays it.”
Albert Einstein
- Your Life In Perspective by Ælf Ræd (Elf Counsel)
