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Compound interest is the interest you earn on your original money and on the interest that keeps accumulating. Compound interest allows your savings to grow faster over time.
Determine how much your money can grow using the power of compound interest.
Use our free compound interest calculator to evaluate how your savings or investments might grow over time, with or without regular contributions. Our tool helps you see how compound interest can increase the value of your money as you plan for the future.
Decide on a timeline for your savings plan. Enter your interest rate into the calculator. Select how much extra you’ll save and how often you’ll be adding that extra contribution.
You can calculate the amount of simple interest your account earns by multiplying the account balance by the interest rate for a select time period. To calculate compound interest, you’ll...
This compound interest calculator can help you determine how much money your savings can earn over time.
Calculate compound interest on an investment, 401K or savings account with annual, quarterly, daily or continuous compounding. We provide answers to your compound interest calculations and show you the steps to find the answer.
See the impact compound savings can have on your savings and investing with this free, easy-to-use calculator.
Using this calculator, you can view your theoretical investment scenario through the lenses of daily, monthly, quarterly and annually compounded interest on an initial sum as well as a regular contribution to the account.
Use our free investment calculator to estimate how much your investments or savings will compound over time, based on factors like how much you plan to save or invest, your initial deposit...