🤔 What Is Compound Interest?
Think of a snowball rolling downhill, getting bigger and bigger - that's compound interest! Your money earns interest, then that interest earns interest too, creating exponential growth over time that can turn small savings into significant wealth.
Key Features
Savings Planning
Project long-term savings account growth
Investment Analysis
Compare investment return scenarios
Retirement Planning
Estimate retirement fund growth
Student Loans
Calculate total loan cost over time
College Fund
Plan education savings contributions
Mortgage Analysis
Understand total interest paid on loans