Compound Interest Calculator
See how your money grows over time when interest compounds.
Future value
9835.76
Interest earned
4835.76
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How It Works
Enter the principal, annual interest rate, compounding frequency, and years to see the future value.
A = P(1 + r/n)^(nt)
Example
$5,000 at 7% compounded annually for 10 years grows to about $9,835.76.
Frequently Asked Questions
- What's the difference between compound and simple interest?
- Simple interest is calculated only on the principal. Compound interest is calculated on the principal plus previously earned interest, so it grows faster.
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