Compound Interest Calculator
Calculate how your investments grow over time with compound interest. Compare daily, monthly, or yearly compounding.
Financial calculations are estimates provided for planning purposes only and do not constitute financial advice. Actual results may vary based on market conditions, tax laws, and other factors. Please consult with a qualified financial advisor before making any investment decisions.
The Power of Compound Interest
Compound interest is interest calculated on the initial principal, which also includes all of the accumulated interest from previous periods. It is often called the "eighth wonder of the world" because it allows your money to grow exponentially over time.
Formula
A = P(1 + r/n)^(nt)
Where: A = Future Value, P = Principal, r = Annual Interest Rate, n = Compounding Frequency, t = Time in Years.
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