Compound Interest Calculator to compute future investment value with principal, interest rate, time period, and optional monthly contributions.
Enter the starting amount for your investment in your chosen currency.
Enter the annual interest rate as a percentage.
Specify the duration of the investment and choose whether it’s in years or months.
Select how often the interest is compounded.
Enter any additional monthly contributions to your investment (optional).
Select the currency for your calculations.
About Compound Interest
Compound interest is the process of earning interest on both the initial principal and the accumulated interest from previous periods, leading to exponential growth of your investment over time.
Formula: A = P(1 + r/n)^(nt)
Where:
A= Final amountP= Principal (initial investment)r= Annual interest rate (as a decimal)n= Number of times interest is compounded per yeart= Number of years
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