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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.