Compound Interest Calculator
Calculate the future value of an investment with compound interest.
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Features
Future Value Projection
Calculate the future value of your savings or investments.
Compounding Frequency
Choose how often interest is compounded (daily, monthly, annually, etc.).
Detailed Breakdown
See the total interest earned over the investment period.
About Compound Interest Calculator
The Compound Interest Calculator helps you visualize the growth of your money over time. By inputting your initial principal, interest rate, and compounding frequency, you can see how compound interest significantly boosts your savings compared to simple interest. It's a powerful tool for planning long-term investments.
How to Use Compound Interest Calculator
- Enter Principal: Input your initial Principal Amount.
- Set Rate & Time: Input the annual Interest Rate and the Time Period in years.
- Select Frequency: Choose the Compounding Frequency (e.g., Monthly).
- View Results: The calculator will show the Total Amount and Total Interest Earned.