Money-Magnets.Net

Power of Compound Interest

This spreadsheet can be used in Microsoft Excel or in any other spreadsheet software such as OpenOffice Calc.

There are two parts to this spreadsheet since one shows how compound interest works for you when you are saving and the other sheet in the spreadsheet shows how compound interest works against you in the case of credit cards. Some of the values can be changed so that you can alter the spreadsheet for your personal circumstances.

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