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Compound Interest Calculator Example
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Example scenario
Input: Initial deposit = $10,000, Contribution = $200 monthly, Rate = 7%, Years = 15, Compounding = Monthly
Output: Future value ≈ $91,881.93 (Growth ≈ $45,881.93 over $46,000 contributed)
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Practice prompts
- Change one value from the example to see how the output shifts.
- Explain each step to a friend or in your notes to reinforce understanding.
- Link this calculator with a related one (like conversions or probability) to form a project-ready workflow.