Compound Interest Calculator

Compound Interest Calculator

Are you looking for a smart and reliable way to calculate the growth of your investments over time? Our Compound Interest Calculator helps you determine the future value of your money with ease. By entering your initial investment, tenure, annual interest rate, compounding frequency, and optional recurring deposits, this tool provides accurate and instant results. Whether you are planning for retirement, building savings, or analyzing financial growth, this calculator ensures you understand the true power of compounding.

Understanding Compound Interest

Compound Interest is the process where your investment earns interest not only on the initial amount (principal) but also on the accumulated interest from previous periods. This is why compound interest is often called the “interest on interest” effect.

👉 Formula:

Where:
A = Future Value of Investment
P = Principal Amount (Initial Investment)
r = Annual Interest Rate (in decimal)
n = Number of compounding periods per year
t = Time (in years)

This powerful formula demonstrates how money can grow exponentially with time, especially when combined with regular contributions.

Key Features of the Calculator

Examples of Compound Interest

Principal = $10,000, Rate = 8%, Time = 10 years, Compounded Annually

✅ Result: Final Amount = $21,589.25
Compound Interest (Total) = $11,589.25

Principal = $50,000, Rate = 6%, Time = 20 years, Compounded Monthly

✅ Result: Final Amount = $1,65,510.22
Compound Interest (Total) = $1,15,510.22

Initial Amount: $5,000, Tenure: 15 years, Rate: 10%, Compounding: Yearly, Additional Deposit: $200/month, Frequency: Monthly, Timing: Beginning

📋 Summary:
Final Amount = $1,01,210.48
Total Principal Invested = $41,000 ($5,000 + $36,000)
Compound Interest Earned = $60,210.48

Why Use Our Compound Interest Calculator?

Who Should Use This Calculator?

Practical Applications of Compound Interest