Compound Interest

Calculate compound interest on investments and savings

Principal Amount

Annual Interest Rate

Time Period (Years)

Compounding Frequency

Monthly Contribution (Optional)

Formula

A = P(1 + r/n)^nt

Where A = Final amount, P = Principal, r = Rate, n = Frequency, t = Time

Actions:

How to Use

What compounding frequencies are supported?

The tool supports annual, semi-annual, quarterly, monthly, weekly, and daily compounding.

How does compounding frequency affect returns?

More frequent compounding results in higher returns. Daily compounding yields the most interest.

Can I add regular contributions?

Yes. You can include monthly or annual contributions to see the combined growth over time.