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A Visual Example of How Compound Interest Works

From Justin Pritchard,
Your Guide to Banking / Loans.
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Compound interest makes your money work hard for you. This page shows how compound interest works and why it is important to start saving as soon as possible. You'll see an example with pictures, and we provide a free online compound interest calculator.

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Start Saving Now – Put Your Money to Work	Earn Interest on Your Savings	Earn Interest on Your Interest
Earn Even More Interest on Your Interest	The Magic of Compounding

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Advertising Info \| News & Events \| Work at About \| SiteMap \| Reprints \| Help	Our Story \| Be a Guide
User Agreement \| Ethics Policy \| Patent Info. \| Privacy Policy	©2008 About, Inc., A part of The New York Times Company. All rights reserved.