Compound Interest Calculator
About This Calculator
Understand the power of compound interest with our Compound Interest Calculator. Calculate how your investments or savings grow over time, factoring in interest rate, compounding frequency, and duration.
Compound interest can significantly impact long-term savings and investment growth. This calculator provides clear projections to help you plan financial goals, retirement, or educational funds.
Use this tool to compare strategies, optimize contributions, and make informed decisions about your financial future. All calculations happen instantly in your browser for privacy and convenience.
Use this calculator to:
Project long-term investment growth
Compare compounding scenarios
Plan savings goals
Understand interest accumulation
Investment Growth Summary
Future Value of Investment
$19,318.14
Total Contributions:
$13,000
Total Interest Earned:
$6,318
Initial Principal:
$1,000
Investment Term:
10 years
Annual Rate:
7%
Compounding:
Monthly
This is an estimate for informational purposes only. Actual returns may vary and are not guaranteed.