Compound Interest Calculator
Calculate how your money grows with compound interest
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years
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Results
Future Value
$0.00
Principal Amount:
$0.00
Total Contributions:
$0.00
Total Interest Earned:
$0.00
Annual Rate:
0%
Time Period:
0 years
Growth Over Time
Enter values and click Calculate to see results
About Compound Interest
Compound Interest is interest calculated on the initial principal and also on the accumulated interest of previous periods.
Formula: A = P(1 + r/n)nt
Where:
- A = the future value of the investment
- P = the principal investment amount
- r = annual interest rate (decimal)
- n = number of times interest is compounded per year
- t = number of years the money is invested
With monthly contributions: A = P(1 + r/n)nt + C × [((1 + r/n)nt – 1) / (r/n)]
Where C is the monthly contribution amount.