Compound Interest Calculator
Use this compound interest calculator to estimate how your savings or investment can grow over time. It calculates the final amount and total interest earned.
Compound Interest Formula
A = P (1 + r)t
Example
If you invest 10,000 at 8% per year for 5 years, your final amount will be about 14,693.
When to use this calculator
Use it for long-term savings, fixed deposits, mutual funds, and retirement planning.
FAQs
What is compound interest?
Interest earned on both the principal and previously earned interest.
Does this calculator include monthly compounding?
This version uses annual compounding. We will add compounding frequency later.