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Compound Interest Calculator. Compound interest - meaning that the interest you earn each year is added to your principal, so that the balance doesn't merely grow, it grows at an increasing rate - is one of the most useful concepts in finance.
Use MoneyChimp's calculator to estimate the future value of investments with compound interest.
MoneyChimp Calculator. Compound Interest. Present Value. Rate of Return. Annuity. Bond Yield. Mortgage. More, formulas... Full Screen Version.
Compound Interest Formula. FV = P (1 + r / n) Yn. where P is the starting principal, r is the annual interest rate, Y is the number of years invested, and n is the number of compounding periods per year. FV is the future value, meaning the amount the principal grows to after Y years.
Rule of 72. Have you always wanted to be able to do compound interest problems in your head? Perhaps not... but it's a very useful skill to have because it gives you a lightning fast benchmark to determine how good (or not so good) a potential investment is likely to be.
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. Got questions? Just ask. Continue scrolling to learn how compound interest works—and ...
Determine how much your money can grow using the power of compound interest.
Our compound interest calculator is a versatile tool that helps you forecast the growth of your investments over time. To effectively use it, follow these instructions: Enter initial balance: Start by inputting the amount you have initially invested or saved. Input interest rate: Type in the annual interest rate your investment will earn.
Our compound interest calculator above accommodates the conversion between daily, bi-weekly, semi-monthly, monthly, quarterly, semi-annual, annual, and continuous (meaning an infinite number of periods) compounding frequencies.
Compound Interest Calculator. Estimate your savings or spending through our compound interest calculator. Enter your initial amount, contributions, rate of return and years of growth to see how your balance increases over time. Initial Amount.