Compound Interest Calculator

See how your savings grow over time with compounding.

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Compound Interest Calculator

Principal ($)

Annual interest rate (%)

Time (years)

Compound per year

Future value

$16,470.09

Interest earned: $6,470.09

What is it?

Compound interest is interest calculated on both the initial principal and the accumulated interest from previous periods. Over time, your money grows faster because you earn returns on your returns.

How it works

Enter the principal (starting amount), annual interest rate, number of years, and how often interest is compounded (e.g. monthly or annually). The calculator shows the future value and total interest earned.

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