The Miracle of Compounding Compounding Calculator The secret to getting rich is the miracle of compound interest. Albert Einstein is said to have described compound interest as the world's eighth wonder. The concept involves earning a return not only on your original savings but also on the accumulated interest that you have made on the past investment of your savings. Our compound interest calculator will show you how much your money will grow over time if you invest it and re-invest your profits every year. It provides a projected future balance and breakdown for the time period. Compound interest is the secret to building wealth over time by investing monthly and re-investing your profits for a period of time.
What is Compound Interest? Compound interest, also known as 'interest on interest,' is the concept that accumulated interest is added back onto your principal sum, with future interest calculations based on the total of both the
