Compound Interest Calculator

Compound Interest Calculator lets you know how the power of compounding can amplify your wealth over time.

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%
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Result:
Total Invested Amount:
Interest Earned:
Maturity Value:
Total Yield:

About Compound Interest Calculator

Using compound interest calculator, you can easily compute the maturity value and interest earned on your investments or savings over time.

Simply input the initial investment amount, rate of interest, compounding frequency (yearly, quarterly, or monthly), and investment time. Also, you can include the additional contribution amount to see how it impacts the maturity value.

Benefits

  • Using this tool, you can estimate the future value of your investments and create long-term financial plans.
  • You can compare with the other investment options or interest rates and determine the most profitable one.
  • The tool provides a visual representation of how compounding affects the growth of funds over time. So, you can better understand the scenario and make the right decision for your investment.
  • Lastly, it can be helpful for time optimization. You can check for the different durations and compounding frequencies and identify the optimal time frame for your financial goals.

Compound Interest Formula

The calculator uses the following formula for the calculation.

A = P( 1 +
r
n
 )nt

Where,
A = Maturity amount (Principal + Interest),
P = Initial principal investment,
r = Interest rate (per annum),
n = No. of times interest is applied per year,
t = Time in years