Compound Interest Calculator

Calculate how your investments grow with compound interest savings accounts, CDs, and money market accounts

Compound Interest Formula

A = P(1 + r/n)nt

This fundamental formula helps investors understand how their money grows with compound interest accounts.

Why Compound Interest Matters for Financial Planning:

"Compound Interest Calculator" is a highly searched term because:

  • Investors want to project growth of compound interest savings accounts
  • People compare CD calculator compounded monthly vs daily options
  • Financial planners demonstrate the power of compound interest investments
  • Individuals plan for retirement using money market calculators

Key Insights:

Frequent Compounding

Daily compound interest accounts yield higher returns than annual compounding

Long-Term Growth

Small regular investments grow significantly over decades due to compounding

How Our Compound Interest Calculator Works

Enter Investment Details

Input your initial investment amount, annual interest rate, and time period. This forms the basis for your compound interest calculation.

Select Compounding Frequency

Choose how often interest compounds - annually, monthly, daily, etc. More frequent compounding yields higher returns.

Get Detailed Projection

Receive your total future value, interest earned, and interpretation to help with financial planning for compound interest accounts.