Compound Interest Calculator

Enter principal, annual rate, years and compounding frequency to see your investment grow

Final amount
Total earnings
Total invested

How to Use the Compound Interest Calculator

Enter your principal, annual interest rate, investment years and compounding frequency. The tool instantly shows the final amount, total earnings and total invested. Optionally add a monthly contribution to see dollar-cost averaging growth.

Core formula: A = P(1 + r/n)^(nt) plus the compounded total of monthly contributions. The higher the compounding frequency and the longer the horizon, the more powerful compounding becomes.

Disclaimer: This tool performs mathematical calculations for reference only and is not investment advice. Actual returns carry risk and past performance does not guarantee future results.

FAQ

What is compound interest?

Compound interest lets interest earn interest, growing much faster than simple interest over the long term.

What is the difference between compound and simple interest?

Simple interest accrues only on the principal; compound interest accrues on principal plus accumulated interest.

Does the compounding frequency affect the result?

Yes, more frequent compounding yields a larger final amount.

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