Compound Interest Calculator
Estimate how money can grow with compound interest over time.
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Estimate how money can grow with compound interest over time.
Use this compound interest calculator to estimate how an initial amount can grow when interest is added back to the balance over time. Enter the starting amount, annual interest rate, number of years and compounding frequency.
The calculator uses the standard compound interest formula A = P(1 + r/n)^(nt), where P is the initial amount, r is the annual rate, n is the number of compounding periods per year and t is the number of years.
You can calculate annual, semiannual, quarterly, monthly or daily compounding. The result shows the estimated final balance, total interest earned and percentage growth.
Note: Results are estimates for informational purposes and do not include taxes, fees, inflation or changing interest rates.