Grade 6-8, 9-12
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Calculator
Compound Interest Calculator
Updated: March 13 2023,
Author: Council for Economic Education
Standards
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Compound Interest Calculator
This compound interest calculator is a tool that you can use to demonstrate how compounding can affect your monthly savings over a set period of time. You can run this calculator by setting the age, annual interest, and entering "Initial Investment" and/or "Monthly Savings." Click on the "i" icon for an explanation of each criteria.