Compound
How does compound interest work?
Albert Einstein is credited with calling compound interest “the eighth wonder of the world”. And Benjamin Franklin famously ran a 200-year experiment to prove the power of compound interest by donating 1,000 British pounds to Boston and Philadelphia. Nearly 200 years later, both investments are now worth millions of dollars. But what is compound interest […]
Compound Interest Calculator: How Much Do You Earn?
Compound interest is the foundation of wealth accumulation, but how does it work? In the words of Benjamin Franklin: “Money makes money. And the money that makes money makes more money.” Using our simple Compound Interest Calculator, you can quickly see how regular investments can turn small amounts into large amounts. Try below: Compound Interest […]