Compound Interest Calculator
Inputs
Future Value
- Total Interest
- Initial Principal
- Effective APY
Guide
How It Works
Compound interest calculates growth on both your initial deposit and accumulated interest over time.
- Formula: A = P(1 + r/n)^(nt), where P is principal, r is annual rate, n is compound frequency, and t is years.
- Compounding Frequency: More frequent compounding results in higher overall returns.
- Effective APY: Shows your true annual yield after compounding is applied.