Compound Interest Calculator play online

To understand how the power of compound interest may expand your savings or investments over time, use our compound interest calculator.

Combining the power of compounding interest with regular, consistent investment over a long period of time may be a very successful technique to increase your wealth - a compound growth strategy.

A compound interest calculator may be used to provide a prediction for compound growth for your savings account or investment over a certain time period, based on an expected rate of interest. Using the compound interest formula, you may compute compound interest growth on your savings account or investments.

To determine your future worth, multiply your starting amount by one plus the yearly interest rate multiplied by the number of compound periods. If you only want the compounded interest number, subtract the original balance.

Our compound interest calculator tells you how much your money may increase over time if you invest or save it. It provides you with a predicted future balance as well as a monthly and yearly interest breakdown for the time period.

Here's how to utilize our Compound Interest Calculator. Enter a starting balance value, Enter a % interest rate - annual, monthly, weekly, or daily, for example. For the computation, enter a number of years or months, or a mix of the two.

Choose your compounding interval (daily, monthly, quarterly or yearly compounding), Include any recurring deposits or withdrawals made on a monthly, quarterly, or annual basis. You may use the results to develop a savings strategy to maximize your future wealth.