Minding Your Money

Episode 016: Compound Interest - What you need to know!


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Do you know what compound interest is?

In short, it's interest on interest. It's great when you are calculating it for your investments, but not so great when it's on your debts.

Check out calculator.net for all your financial calculator needs and more! There, you can easily calculate compound interest, determine how much in total you will pay for a loan or see how large your investments can grow.

 

 

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Minding Your MoneyBy Vanessa Linenberger

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