Compound Interest Calculator
Calculate compound interest and growth with different compounding frequencies
Investment Details
Compound Interest Results
Enter details and click Calculate to see compound interest results
Understanding Compound Interest
Compound Formula
A = P(1 + r/n)^(nt)
Exponential Growth
Interest earns interest over time
Time Factor
Longer time = Higher returns
Compounding Frequency
More frequent = Better returns
Compound Interest Benefits
- ✓Exponential growth over time: Returns accelerate as time passes
- ✓Interest earns interest automatically: No manual reinvestment needed
- ✓Higher returns than simple interest: Significant difference over time
- ✓Power of reinvestment: Earnings generate more earnings
- ✓Wealth creation through patience: Time is your greatest asset
Maximizing Returns
- 💡Start Early: Time is your best friend in compound interest
- 💡Higher Frequency: Choose daily/monthly compounding when possible
- 💡Consistent Investment: Regular additions amplify the effect
- 💡Patience: Let compound interest work its magic over time
- 💡Reinvest: Don't withdraw interest to maximize growth
Compound vs Simple Interest
Example: ₹1,00,000 at 10% for 5 years
Simple Interest: ₹1,50,000
Compound Interest: ₹1,61,051
Difference: ₹11,051 extra
Growth: 7.4% more returns
Impact: Increases with time
Impact of Compounding Frequency
₹1,00,000 at 8% for 10 years with different compounding:
Yearly:
₹2,15,892
Quarterly:
₹2,20,804
Monthly:
₹2,21,964
Daily:
₹2,22,554
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