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Compound Interest Calculator
Visualize the power of compounding and see how your savings or investments can grow over time.
Investment Details
Interest calculation for 5 years
Future investment value
$0
Total interest earned
$0
Initial balance
$5,000.00
Yearly rate → Compounded rate
5.00% → %
All-time rate of return (RoR)
↑ 0.00%
Yearly Breakdown
How to Use Compound Interest Calculator
To project your investment growth, provide the following details:
Initial Principal
The starting amount of money in your savings or investment.
Annual Interest Rate (%)
The expected yearly growth rate of your investment.
Years to Grow
The total number of years you plan to let your investment grow.
Regular Contributions
The additional amount you plan to save or invest regularly.
Frequently Asked Questions
Key Terminology
Principal
The initial amount of money you start with in your savings or investment account, before any interest or contributions are added.
Future Value
The total value of your investment at a specific point in the future, including your principal, all contributions, and the total accumulated interest.
Accumulated Interest
The total amount of interest earned over the entire duration of the investment. This includes interest earned on your principal and on previous interest payments.
Regular Contributions
Consistent amounts of money that you add to your investment over time (e.g., monthly or annually). These significantly boost your investment's growth potential.