Compound Interest Calculator
Calculate how your investments grow over time with compound interest. See the power of reinvesting your earnings.
Compound Interest Calculator
How to Use This Calculator
- Enter your initial investment amount
- Input your expected annual interest rate
- Specify the investment time period in years
- Add any monthly contributions (optional)
- View your projected investment growth
How Compound Interest Works
Compound interest is calculated using the formula:
A = P(1 + r/n)^(nt)
Where:
- A = Final amount
- P = Principal amount
- r = Annual interest rate (decimal)
- n = Number of times interest is compounded per year
- t = Time in years