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Compound Interest Tool

Advanced compound interest calculator with monthly contributions and yearly breakdown

Investment Parameters

Initial Investment

Monthly Contribution

Additional amount invested each month

Annual Interest Rate

Investment Period

years

Compounding Frequency

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Enter investment details to see compound interest calculation

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Compound Interest: Interest earned on both principal and previously earned interest

Monthly Contributions: Regular investments that accelerate growth through dollar-cost averaging

Compounding Frequency: More frequent compounding leads to higher returns

Time Factor: The earlier you start, the more powerful compounding becomes