Compound Interest Calculator
Calculate compound interest with different compounding frequencies
Calculate Compound Interest
Enter investment details and compounding frequency
The initial amount of money
The percentage rate per year
Duration of the investment
How often interest is compounded
How It Works
1. Enter Principal
The initial amount you want to invest
2. Set Interest Rate
The annual percentage rate
3. Choose Duration
Time period in years
4. Select Compounding
How often interest compounds
Features
- Multiple compounding frequencies
- Effective annual rate calculation
- Year-by-year growth breakdown
- Visual growth representation
- Quick presets for common scenarios
- Download detailed results
Compound Interest Formula
A = P(1 + r/n)^(nt)
A - Amount
Future value of investment
P - Principal
Initial amount invested
r - Rate
Annual interest rate (decimal)
n - Frequency
Times compounded per year
t - Time
Number of years
Compounding Impact
More frequent compounding results in higher returns:
Annually (1x)
Lowest total return
Quarterly (4x)
Common for bonds
Monthly (12x)
Common for savings accounts
Daily (365x)
Highest total return