Compound Interest Calculator
Calculate how your money grows over time using compound interest.
How This Compound Interest Calculator Helps You
Compound interest is one of the most powerful financial growth methods because your money earns interest on both the principal and the previously accumulated interest. This calculator helps you understand how fast your savings or investments can grow over time when interest compounds daily, monthly, quarterly, or annually.
By entering your principal amount, annual interest rate, investment duration, and compounding frequency, you instantly get the future value of your money. Whether you are planning long-term savings, SIP alternatives, FD growth, or general investment returns, this tool gives you clear financial insight without needing spreadsheets or formulas.
Compound interest plays a major role in retirement planning, wealth building, children education funds, and long-term financial goals. Even small monthly savings can grow significantly due to compounding. Use this calculator regularly to compare different interest rates, time durations, and compounding intervals to maximize your returns.
Frequently Asked Questions
1. What is compound interest?
It is interest earned on both the initial principal and accumulated interest.
2. Which compounding frequency grows money fastest?
Daily compounding generally grows the fastest, followed by monthly and yearly.
3. Is compound interest useful for long-term wealth?
Yes, it is the most powerful method for long-term growth and retirement planning.