VOL. XCIV, NO. 247
★ FINANCIAL TOOLS & SERVICES DIRECTORY ★
PRICE: 5 CENTS
Friday, October 17, 2025
A free interactive calculator for projecting savings growth with compound interest. Designed for educational use only—NerdWallet emphasizes it does not provide investment advisory or brokerage services.
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Key features
- Interactive input fields for initial deposit, years invested, estimated annual rate, compounding frequency, contribution amount, and contribution frequency.
- Compounding frequency options include daily, monthly, and annually.
- Contribution frequency can be set to monthly or annually, with scenarios that include or exclude additional contributions.
- Results update automatically as inputs are adjusted, providing instant projections.
- Displays the compound interest formula A = P(1 + r/n)^(n·t) with step-by-step examples.
- Educational guidance on the difference between APY and nominal rates, with links to explanatory resources.
- Clearly states that results are for informational purposes only, with no financial advice or brokerage services provided.
FAQ
Is NerdWallet Compound Interest Calculator free?
NerdWallet Compound Interest Calculator is free to use. Visit the vendor site for the latest limits and onboarding details.
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Information
About Me
Hey! Thanks for stopping by. I'm an independent investor with a soft spot for coding and the stock market - especially value investing (as you can probably tell from the tools I've collected here, haha). Hopefully you'll find something useful or interesting along the way.
Find me here:
- Twitter / X: @Jera_Value
- Substack: Jera Value
Got questions or suggestions? I'm all ears!
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