Calculators
Compound Interest Calculator
Calculate compound interest with different compounding frequencies. Shows year-by-year growth and total interest earned.
8%
10
$10,000
Principal
$12,196
Interest Earned
$22,196
Final Amount
| Year | Balance | Interest |
|---|---|---|
| 1 | $10,830 | +$830 |
| 2 | $11,729 | +$1,729 |
| 3 | $12,702 | +$2,702 |
| 4 | $13,757 | +$3,757 |
| 5 | $14,898 | +$4,898 |
| 6 | $16,135 | +$6,135 |
| 7 | $17,474 | +$7,474 |
| 8 | $18,925 | +$8,925 |
| 9 | $20,495 | +$10,495 |
| 10 | $22,196 | +$12,196 |
Results are projections based on constant inputs. Actual investment returns vary and are not guaranteed. This tool does not constitute financial advice.
How to use Compound Interest Calculator
1
Enter principal amount
Type the initial investment or principal amount.
2
Set interest rate and compounding frequency
Adjust the annual interest rate slider and choose how often interest compounds.
3
Set time period and view growth
Drag the time slider to set the number of years, then see total value and year-by-year growth.
Frequently Asked Questions
What is compound interest?
Compound interest is interest calculated on the initial principal plus all accumulated interest from previous periods.
What compounding frequencies are available?
Annual, semi-annual, quarterly, monthly, and daily compounding options are available.