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Simple & Compound Interest Calculator

Compare simple interest with compound interest on the same deposit so you can see how much extra compounding earns you over time.

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How to use Simple & Compound Interest Calculator

  1. Enter principal, rate and years.
  2. Choose the compounding frequency.
  3. Compare both results side by side.

Frequently asked questions

Which is better for savings?
Compound interest — you earn interest on your interest, so the gap widens the longer you stay invested.
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