Simple vs Compound Interest Calculator
There are two kinds of interest method usually applied to your investment or savings. The first method is a simple interest method where you get your interest based on your principal amount only. You can calculate the future value of your investment or savings easily. The second method is compound interest method where you will get additional interest based on your principal amount plus earned interest in the previous period. This simple vs compound interest calculator will help you understanding those differences.
Author : M Jefferson
