Compound Interest Calculator
Calculate how your investments grow with compound interest over time.
Investment Details
Enter your investment information
12 = Monthly, 4 = Quarterly, 1 = Annually, 365 = Daily
Results
Your investment growth
Final Amount
$14,898.46
Principal Amount$10,000.00
Interest Earned$4,898.46
Total Return48.98%
Understanding Compound Interest
Compound interest is one of the most powerful concepts in finance. It allows your money to grow exponentially over time because you earn interest on both your original investment and the interest that accumulates.
The formula for compound interest is: 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