Here is a nice compound interest calculator from MSN.com on estimating one's savings in the future. As I wrote before in Personal Finance Math, an equation that one should know is compound interest. For those that prefer not to work with the math, this calculator can provide the following:
Enjoy.
For more on The Practice of Personal Finance, check back every Wednesday for a new segment.
This is not financial advice. Please consult a professional advisor.
Copyright © 2008 Achievement Catalyst, LLC
Wednesday, May 07, 2008
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