Compound Interest Calculator
See how your money grows over time when interest compounds.
Future value
9835.76
Interest earned
4835.76
Processing happens locally in your browser. Nothing you enter is uploaded.
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.
Related Tools
Loan Calculator
Estimate your monthly loan payment from the amount, rate, and term.
Percentage Calculator
Find a percentage of a number, or what percentage one number is of another.
Simple Interest Calculator
Calculate interest earned or owed using the simple interest formula.
Mortgage Calculator
Estimate your monthly mortgage payment from home price, down payment, rate, and term.
Salary Calculator
Convert between hourly rate and annual salary.
Sales Tax Calculator
Add or remove sales tax from a price at any rate.