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How to Use an Investment Calculator: A Step-by-Step Guide to Smarter Financial Planning Investing your money wisely is one of the most powerful ways to build wealth over time. But if you’re new to investing, it can be difficult to visualize how your money will grow, what returns to expect, or how different factors—like interest rates or time—affect your future earnings. This is where an investment calculator becomes your best friend. In this guide, we’ll explore what an investment calculator is, why it’s so valuable, and how to use one effectively to make informed financial decisions. What Is an Investment Calculator? An investment calculator is an online tool that helps you estimate how much your investments could grow over a specific period. It uses basic inputs—such as your initial investment, monthly contributions, rate of return, and time duration—to show your future value or potential profit. In simple terms, it answers questions like: How much will...
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