Grow Your Money with Our Compound Interest Calculator!
This calculator helps you see the magic of compound interest on your savings or investments.
Input the following:
- Initial Investment: The starting amount of your deposit.
- Regular Contributions: The amount (if any) you plan to add regularly (monthly, yearly, etc.).
- Interest Rate: The annual interest rate offered by your investment or savings account (as a percentage).
- Compounding Frequency: How often the interest is calculated and added to your balance (monthly, quarterly, yearly, etc.).
- Time Horizon: The total length of time you plan to invest.
Our calculator will then show you:
- Future Value: The total amount of money you’ll have at the end, including both your original investment and the accumulated interest.
- Total Interest Earned: The total amount of interest earned over the investment period.
See how small changes in interest rate or compounding frequency can significantly impact your future earnings!