Calculate Compound Interest and total amount with ease. Enter your principal amount, interest rate, time period, and compounding frequency to get instant results.
Results
Compound Interest:
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Total Amount:
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Formula
A = P(1 + r/n)^(nt)
A = Final Amount
P = Principal Amount
r = Annual Interest Rate (as decimal)
n = Number of times interest is compounded per year
t = Time Period (in years)
Compound Interest = A - P
Quick Tips
- • Compound interest earns interest on both principal and previously earned interest
- • Higher compounding frequency results in higher returns
- • Enter interest rate as a percentage (e.g., 5 for 5%)
- • Time period can be in decimals (e.g., 1.5 for 18 months)