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You will have to save __withCIA__ __perPeriod__ |
The earlier you start saving, the sooner you’ll allow yourself to benefit from compounding. Your savings grow not only by the amount you contribute, and the interest generated on that amount, but also earn interest on the interest.
With compound interest, you will contribute __contribute__ __perPeriod__ as compared to regular savings without compound interest.
Compound interest | Amount needed to be saved __perPeriod__ |
With compound interest | __withCIA__ |
Without compound interest | __withoutCIA__ |
__contribute__ |
Apart from less contributions, you can also achieve your savings goal earlier with the same amount of monthly contribution with the power of compound interest. The below chart shows how you can achieve your savings goal in the saving period you selected:
__ciwording1__ | __ciwording2__ |
__savingForImg__
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You will have __withCIA__ at the end of your saving period
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The earlier you start saving, the sooner you’ll allow yourself to benefit from compounding. Your savings grow not only by the amount you contribute, and the interest generated on that amount, but also earn interest on the interest.
With compound interest, you will have __contribute__ at the end of your saving period as compared to regular savings without compound interest.
Compound interest | Amount at the end of the savings period |
With compound interest | __withCIA__ |
Without compound interest | __withoutCIA__ |
__contribute__ |
With the same amount of contributions, you can have more money at the end of the saving period you selected with the power of compound interest. The below chart shows how much you will have at the end of the saving period you selected:
__ciwording1__ | __ciwording2__ |
__savingForImg__
__savingForWord__ |
It will take you __result__ to reach your goal |
In the same regular savings amount, you can reach your goal sooner with the compounding effect. Your savings grow not only by the amount you contribute, and the interest generated on that amount, but also earn interest on the interest.
With compound interest, you can reach your goal __contribute__ as compared to regular savings without compound interest.
Compound interest | Period of time to reach your goal |
With compound interest | __withCIA__ |
Without compound interest | __withoutCIA__ |
__contribute__ |
With the same amount of contributions, you can reach your goal earlier with the power of compound interest. The below chart shows how you can achieve your savings goal in the regular savings you filled.
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Savings goal
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