Calculate how your money grows when interest is added to both your principal and previously earned interest.
A = P (1 + r/n)nt
A = Final Amount
P = Principal Amount
r = Annual Interest Rate in decimal form
n = Number of times interest is compounded per year
t = Time in Years
Compound Interest = A - P
Vedicaly's Compound Interest Calculator helps estimate how an initial principal amount may grow when interest is added repeatedly over time.
Enter the principal amount, annual interest rate, time period and compounding frequency. The calculator will estimate the interest earned and total accumulated amount.
Compound interest is interest calculated on the initial principal as well as interest accumulated during previous compounding periods.
Yes. When other inputs remain the same, changing the compounding frequency can change the calculated total amount.
No. The result is a mathematical estimate based on the values entered and does not guarantee an actual investment return.