Compound Interest Calculator

What is Compound Interest?

Compound interest is the process where interest earned on an investment is added to the principal amount. In other words, you earn interest not only on your initial investment but also on the interest that has already been added. This results in the interest being "compounded" over time, allowing your money to grow faster as time passes.

Assumptions:

• The interest is compounded regularly based on the selected frequency.
• The investment amount and interest rate remain constant throughout the investment period.
• This calculator assumes no withdrawals are made during the investment period.
• The result will show the future value of your investment at the end of the term.

Initial Investment Amount Annual Interest Rate (%) Investment Duration (in years) Compounding Frequency Annually Quarterly Monthly Daily Calculate