Monday, January 21, 2013

Bakersfield Investment Club - Simple vs. Compound Interest Calculator

Most of us have seen a comparison of simple and compound interest, yet there doesn't seem to be a calculator that converts an interest rate directly to see what the real difference is. Manually, I figured out that 23% would become 59% compounded daily. If you have any comments, people go directly to the link above to discuss it further.

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