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Welcome to the Compound Interest Calculator

Interested in seeing how your savings can grow over time with compound interest? Our AI assistant is here to help you understand the process, calculate scenarios, and answer any questions you might have.

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Whether you're saving for retirement, a major purchase, or just curious about the potential of compounding interest, feel free to explore different values and scenarios. Our AI assistant is ready to provide insights and explanations tailored to your needs.

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Compound interest is a powerful tool for growing your investments. At its core, it means earning interest on both the initial principal and the accumulated interest over time. You can calculate it using the formula A = P(1 + r/n)^(nt), where P is the principal amount, r is the annual interest rate, n is the number of times interest is compounded per year, and t is the time in years. What are your investment goals, or are you considering applying this to savings? I'd love to help explore this further with you!