https://www.calculatorsoup.com/calculators/financial/compound-interest-calculator.php
Look at how much interest you have to pay back at the end of the term
Items Cost Interest Term (years) Compound daily
Samsung flip phone (Google the price) 19.99% 3 years
Lululemon Yoga pants (Google the price) 20.99% 3 years
Chrombook from Best Buy (Google the price) 23.99% 5 years
Used car $18550 8.99% 7 years
New Tesla $75000 7.50% 10 years
PS5 (Google the price) 15.5% 5.5 years
A house from Far Far Away $1.2 million 4.75% 30 years
A condo in Toronto $1.95 million 5.25% 25 years
Hawaii trip from Air Canada $6543 18.88% 10 years
Blue Mountain Ski Trip $2578 12.99% 6 years
2 pounds of gold (Google the price) 15.55% 10 years
The most expensive hotel room in Bora Bora (5 nights) 30% 6 years
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