Explanation

What is Compound Interest?

Compound interest adds interest on both principal and past interest.

What this calculator does

Calculate compound growth over time.

Inputs you need

• Principal
• Annual rate (%)
• Time (years)
• Compounds per year

Formula

A = P(1 + r/n)^(nt)

Example

P=10000, r=6%, n=12, t=10:

• Total ≈ 18193.97
• Interest ≈ 8193.97

Quick input set you can try:

• Principal: 10000
• Annual rate (%): 6
• Time (years): 10
• Compounds per year: 12

FAQ

1) What does this calculator help with? It helps you calculate Compound Interest quickly and with consistent formulas.

2) Which formula is used? It uses the standard method shown in the formula section on this page.

3) Can I use decimal values? Yes. Decimal values are supported for most numeric fields.

4) Should I rely on this for final decisions? Use it as a practical estimate, and verify critical decisions with official documents or expert advice.