Compound Interest Calculator
Calculate compound interest on your investments or savings. Understand how your money grows with different compounding frequencies.
Results
Final Amount
₹0
Total Interest
₹0
Growth Multiple
0
How to Use Compound Interest Calculator
- 1
Enter your initial investment amount
- 2
Input the annual interest rate
- 3
Specify the investment duration
- 4
Choose compounding frequency (1=yearly, 4=quarterly, 12=monthly)
Compound Interest Calculator Formula
A = P × (1 + r/n)^(n×t), where A = Final Amount, P = Principal, r = Annual Rate, n = Compounding Frequency, t = YearsExample Calculation
Input Values
Principal Amount
₹1,00,000
Annual Interest Rate
10 %
Time Period
5 years
Compounding Frequency
12 times/year
Results
Final Amount
₹1,64,530
Total Interest
₹64,530
Growth Multiple
1.65
Frequently Asked Questions
What is compound interest?
Compound interest is interest calculated on both the initial principal and the accumulated interest from previous periods.
How does compounding frequency affect returns?
Higher compounding frequency results in slightly higher returns as interest is calculated more frequently.
What is the Rule of 72?
Divide 72 by the annual interest rate to estimate years needed to double your money.