Compound Interest Calculator

How to Use Compound Interest Calculator

Calculate compound interest on your investments

1

Enter Principal

Use the slider or type directly to enter the initial investment amount (principal).

2

Set Interest Rate

Adjust the annual interest rate using the slider or input field.

3

Set Time Period

Enter the number of years for the investment using the slider or input field.

4

Choose Frequency

Select how often interest is compounded (annually, monthly, daily, etc.).

5

View Results

See the total amount, interest earned, and visual breakdown in the charts.

Tips & Best Practices

  • More frequent compounding (daily/monthly) results in higher returns.
  • Compound interest grows exponentially over time - the longer the period, the greater the growth.
  • Use this calculator to compare different investment options and compounding frequencies.
  • The donut chart shows principal vs interest, while the line chart shows growth over time.
  • Perfect for planning long-term investments, savings goals, and retirement planning.