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| Year | Interest | Accrued Interest | Balance |
|---|
| Month | Interest | Accrued Interest | Balance |
|---|
Compound interest is interest calculated on both your initial principal and the interest earned over previous periods. It helps your money grow faster compared to simple interest.
A=P(1+rn)ntA = P \left(1 + \frac{r}{n}\right)^{nt}
Where:
A = Final amount
P = Initial principal
r = Annual interest rate
n = Number of times interest is compounded per year
t = Time in years
Enter your initial amount (P)
Set the interest rate (%)
Choose the investment duration (years)
Select how often interest is compounded
Click Calculate to get your result
✅ Example:
Investing $1,000 at 5% annual interest for 10 years compounded monthly will give you a future value of around $1,647.
Fast and free – no login required
Works on mobile, tablet, and desktop
Supports daily, monthly, quarterly, and annual compounding
Instant results with simple input
Perfect for savings, loans, and investment planning
🔹 Students & teachers learning finance
🔹 Investors calculating growth over time
🔹 Loan and EMI planners
🔹 Retirement savers and financial advisors
Compound interest can significantly boost your savings and investments over time. The earlier you invest, the more your money can grow — thanks to the power of compounding.
Use the calculator above and see how your money can grow. It’s completely free and built for accuracy.
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