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 💰 The Power of Compound Interest and How to Use a Compound Interest Calculator If you’ve ever wondered how your savings can multiply over time  even without adding more money — the answer lies in compound interest. It's often called the 'eighth wonder of the world' by financial experts and investors alike. Whether you’re saving for retirement, building wealth, or simply planning your financial future, understanding compound interest is key. IMAGE SOURCE INTERNET In this blog, we’ll explore: - What compound interest is - How it works - Real-life examples - Benefits of compounding - A free compound interest calculator - How you can maximize your gains with smart strategies 📘 What Is Compound Interest? Compound interest  : It is the interest calculated not only on the initial principal but also on the accumulated interest from previous periods. In simple terms, it's "interest on interest." Let’s break it down with an example.  🔍 Simple Interest vs Compound In...