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📈 Compound Interest Calculator

Calculate compound interest with various compounding frequencies.

Result

Frequently Asked Questions

What is compound interest?▾
Interest calculated on principal plus accumulated interest, creating exponential growth.
How often should interest compound?▾
More frequent = more earnings. Daily > Monthly > Annually.

About Compound Interest Calculator

What is Compound Interest?

Compound interest is interest on both principal and accumulated interest. It creates exponential growth over time. The formula is A = P(1 + r/n)^(nt).

Rule of 72

Divide 72 by your interest rate to estimate years to double your money. At 6%, money doubles in ~12 years.