See how compound interest grows a principal over time with annual, quarterly, monthly, or daily compounding. Select currency for display.
Compound Interest Calculator
Results use the currency you select (display only — amounts are not converted).
How to Use
- Select currency, principal, annual rate, years, and compounding frequency.
- Calculate final amount and interest earned.
Formula
A = P (1 + r/n)^(n×t). Interest = A − P.
Worked Example
Example: $10,000 at 5% for 3 years compounded monthly grows more than the same rate compounded annually.
What the Result Means
Higher compounding frequency increases effective yield for the same nominal rate.
Important Notes & Limitations
- Does not model contributions or withdrawals.
- Not investment advice.
Frequently Asked Questions
What is compounding frequency?
How often interest is applied per year (e.g., 12 = monthly).
APY vs APR?
This shows nominal rate inputs; effective yield rises with more frequent compounding.
Can I add monthly deposits?
Use the SIP / Investment Calculator for regular contributions.
Taxes?
Not included.
Related Calculators
See also: Loan EMI, Mortgage, Compound Interest, Percentage.
Disclaimer: Results are approximate and for educational and informational purposes only. They are not financial, tax, medical, or legal advice. Verify important decisions with a qualified professional.