A compounding calculator is very useful for the below purposes;
a) To forecast growth of an investment after a certain period of time
b) To estimate the monthly investment I should make to achieve my final target
If you have no knowledge about investments, and you don't know where to start, just find out a compounding instrument and start to invest.
For example, in Malaysia, we could invest in π¬π·π, π¨πππππ πΊππππ πππ πΊπΊπ·π΅ to grow our money using this compounding factor.
Just start with a little initial investment and keep investing monthly to grow your money.
Feel free to download this Compounding Calculator and see how your money could grow over time.
https://1drv.ms/x/s!AiQmyS0-LNsOnbpEcVS...S167eg?e=4XZHj7

This post has been edited by gunavision: Mar 13 2022, 08:25 PM
Mar 13 2022, 08:23 PM
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