Compound Interest | WIRE | FIRE | FEES | Switching funds | FOREX | Death Costs
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There's an urban legend that Albert Einstein once said compounding [interest] is the most powerful force in the universe. Whether or not he really said it, that line holds a lot of truth. I strongly suggest you pay attention to it.
Complete the following to calculate the compound interest.
Note you can also use it to see how monthly withdrawals affect your investment by entering a negative monthly deposit
|Year||Annual deposits||Total deposits||Annual interest||Total interest||Balance||Balance in today's money
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