Compound Interest Calculator

Total Amount

-

Interest Earned

-

How to Use This Calculator

1

Initial Investment

Enter your starting amount (principal investment)

2

Interest Rate

Input annual interest rate (APR)

3

Time Period

Select investment duration in years

4

Compound Frequency

Choose compounding interval (daily, monthly, yearly)

About Compound Interest

The Eighth Wonder

Albert Einstein called compound interest "the eighth wonder of the world." It's the process where your earnings generate their own earnings over time.

How It Works

Compound interest = P(1 + r/n)nt - P
Where:
P = Principal amount
r = Annual interest rate
n = Compounding periods per year
t = Time in years

Key Benefits

  • Exponential growth potential
  • Rewards long-term investing
  • Beats inflation
  • Automated wealth building

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