The Compound Interest Calculator helps you estimate how your investment grows when interest is added back to the principal over time. Simply enter your principal amount, interest rate, and compounding frequency to see how much your savings can increase in value across different time periods and currencies.
Compound Interest Calculator
Understanding Compound Interest
Compound interest means you earn interest not only on your original amount but also on the interest that accumulates over time. This makes your investment grow faster compared to simple interest.
Why It Matters
The more frequently interest is compounded, the quicker your money grows. This is why compounding is important for savings, FDs, mutual funds, and long-term investments.
How to Use the Calculator
- Enter the principal amount
- Add the interest rate
- Select the time period
- Choose compounding frequency
- Click Calculate to get total interest and future value
Where It’s Used
Savings accounts, fixed deposits, retirement plans, and long-term investment projections.