Compound Interest Calculator
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Understanding Compound Interest
How Compound Interest Works
Compound interest is the interest calculated on the initial principal and also on the accumulated interest of previous periods. Unlike simple interest, which only earns on the principal amount, compound interest allows your investment to grow exponentially over time as you earn “interest on interest.”
The Power of Compounding
The key benefit of compound interest is that your money grows faster the longer it remains invested. Small, regular contributions combined with compound interest can lead to significant wealth accumulation over decades.
Key Features of Our Compound Interest Calculator
Flexible Contribution Options
Calculate with regular contributions at different frequencies (monthly, quarterly, annually) to see how consistent investing affects your returns.
Multiple Compounding Frequencies
Compare how different compounding intervals (daily, monthly, quarterly, annually) impact your investment growth over time.
Detailed Results Breakdown
See exactly how much comes from your initial investment, contributions, and interest earnings for complete transparency.