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This calculator will show you how much interest
you will earn over a given period of time, at any given interest rate, based on an initial
investment plus a fixed monthly addition. The calculator compounds monthly and assumes
deposits are made at the beginning of each month.
To use this calculator:
- Fill in the Initial Investment, the Monthly Addition, Interest Rate, and Number of Years.
- Click the Compute button.
- The calculator will display the Future Value of the savings, and the amount of Interest Earned.
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