Compound Interest Calculator
Calculate compound interest and see how your money grows over time. Perfect for compound interest calculator, investment calculator, and future value calculator needs.
Investment Growth Calculator | Future Value Calculator | Compound Interest Tool
Our compound interest calculator helps you understand how your investments grow over time with the power of compounding.
Frequently Asked Questions About Compound Interest Calculator
❓ What is compound interest?
Compound interest is interest calculated on initial principal and accumulated interest. Formula: A = P(1+r/n)^(nt) where P=principal, r=rate, n=compounds per year, t=time. It grows faster than simple interest.
❓ How to calculate compound interest?
Calculate compound interest using: A = P(1+r/n)^(nt). Example: ₹1,00,000 at 8% for 10 years compounded annually = 1,00,000(1+0.08/1)^(1×10) = ₹2,15,892. Our calculator does this automatically.
❓ Simple vs compound interest - which is better?
Compound interest is better for investments as it earns interest on interest. Simple interest only earns on principal. Over time, compound interest grows significantly more than simple interest.