COMPOUND INTEREST

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PRINCIPAL
COMPOUNDING
INTEREST RATE6.00%
YEARS20
COMPOUND READOUT
FINAL BALANCE
$33,102
INTEREST EARNED
$23,102
EFFECTIVE ANNUAL RATE
6.17%
SIMPLE INTEREST
$22,000
COMPOUNDING EDGE
$11,102
COMPOUND VS SIMPLEYEAR 0 → 20
TODAYYEAR 20
EXPORT

EXPORTS EVERY INPUT, RESULT AND YEAR-BY-YEAR FIGURE FROM THIS CALCULATION.