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Wednesday, May 07, 2008

Compound Interest Calculator

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:
  • Future value of regular savings

  • Time to reach a savings goal

  • Amount of periodic savings need to reach a goal
  • Enjoy.

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    This is not financial advice. Please consult a professional advisor.

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