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Financial Calculators

Compound Interest Calculator

Albert Einstein reportedly called compound interest the eighth wonder of the world. See how your money can grow exponentially over time when interest is calculated on both the initial principal and the accumulated interest. This calculator is perfect for savings accounts, investments, and retirement planning.

Results

Future Value$54,713.58
Total Interest Earned$20,713.58
Total Contributions$34,000.00

Growth Over Time

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How to Use

  1. Enter your initial deposit or investment amount.
  2. Set the annual interest rate and compounding frequency.
  3. Choose how many years you plan to invest.
  4. Optionally add a monthly contribution to see accelerated growth.