Compound Interest Calculator
Calculate the future value of your investments with compound interest. See how your money grows over time with different compounding frequencies.
Calculator
Enter your information to calculate results
Investment Breakdown
How It Works
Compound interest is calculated using the formula:
A = P(1 + r/n)^(nt)
Where:
- A = Final amount
- P = Principal amount
- r = Annual interest rate (decimal)
- n = Number of times interest is compounded per year
- t = Time in years
Compound interest allows your money to grow exponentially as you earn interest on both your initial investment and previously earned interest.
Examples
Example 1: Monthly Compounding
Principal: ₹1,00,000
Rate: 8% per annum
Time: 5 years
Frequency: Monthly
Final Amount: ₹1,48,985
Example 2: Annual Compounding
Principal: ₹1,00,000
Rate: 8% per annum
Time: 5 years
Frequency: Annually
Final Amount: ₹1,46,933
Compare
Compounding Frequency Impact:
| Frequency | Final Amount | Interest Earned |
|---|---|---|
| Annually | ₹1,46,933 | ₹46,933 |
| Monthly | ₹1,48,985 | ₹48,985 |
| Daily | ₹1,49,182 | ₹49,182 |
Key Insight: More frequent compounding leads to higher returns, but the difference diminishes with higher frequencies.
Related Calculators
Calculate Body Mass Index and health category assessment
Calculate Basal Metabolic Rate and daily calorie needs
Estimate body fat percentage using measurements
Calculate daily calorie needs for weight goals