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Compound Interest Calculators

Albert Einstein called compound interest the 8th wonder of the world. If you have ever toyed around with a compound interest calculator you have seen why. As you your interest accumulates, every month brings your more and more money. Eventually the amount balloons to astronomical proportions – that is if you don’t take any money out.

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To calculate the amount of money you would need to save today at a particular interest rate for it to reach a predefined future value. Use the following Formula

PV = FV/(1 + R)^ N

PV = Principal ( Present Value)
FV = Future Value
R = Rate (decimal form)
N = number of periods interest is accumulated.

Compound interest calculators are an easy way to see whether or not you should invest in the future by saving today, or whether or not you think you are just as well off spending your money.

The formula for a future value calculation is as follows:

FV = PV(1 + R)^N

PV = Principal ( Present Value)
FV = Future Value
R = Rate (decimal form)
N = number of periods interest is accumulated.

 


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Compound interest calculators are a useful tool for calculating the future value of an amount of money you have to invest. Plug in different interest rates and out comes a future value of your money. Taking into account inflation is a must to get an accurate figure… Mortgage calculators are a quick and easy way to get a free estimate of your monthly mortgage payments before talking to a mortgage broker. With a few minutes of your time you can calculate a complete amortizathion table for your loan… With the help of first time home buyers programs many can switch to renting to owning because small down payments are possible because of state and local level programs. To find out what your best rate is, fill out our short form for a free evaluation…
Your mortgage rate in combination with the size and term of your loan will determine your monthly payments. Before applying to be put in touch with a mortgage broker, try our free mortgage calculators to estimate your loan payments… Get a debt consolidation loan today to regain control of your finances and eliminate high interest debts that make your monthly payments difficult. Expo Financial can connect you with a qualified expert in your area for a consulation…

Loans are an inescapable reality of our economy. Only getting the best rates you can will save you over the long run. Working with a qualified professional you can help will best represent your interests to the bank and get you lower loan rates…

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