See how your money can grow over time with the power of compound interest
Input Parameters
Savings
Loan
Results
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Future Value
Total Contributions:
$0
Total Interest Earned:
$0
Years:
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Compound Interest Calculator
Calculate the future value of your savings or investment using our fast and free Compound Interest Calculator. Whether you’re planning your finances or comparing investment options, this tool gives you a clear picture of how your money can grow over time.
How to Use the Calculator:
- Enter the initial principal amount (starting investment).
- Enter the annual interest rate (%).
- Choose the compounding frequency (daily, monthly, quarterly, or annually).
- Enter the number of years.
- Click “Calculate” to see how much your investment will grow.
Why Use Our Compound Interest Calculator?
- 🔄 Supports multiple compounding frequencies
- 📈 Helps visualize investment growth over time
- 💡 Ideal for retirement planning, savings goals, and more
- 💻 Mobile-friendly and easy to use
What is Compound Interest?
Compound interest is the process where interest is added to the initial principal and then earns interest itself. Over time, this leads to exponential growth, making it one of the most powerful tools in investing and personal finance.
Formula:
A = P (1 + r/n)<sup>nt</sup>
Where:
- A = Final amount
- P = Principal investment
- r = Annual interest rate
- n = Number of times interest applied per year
- t = Number of years