Compound Interest Calculator
Compound Interest Calculator
How it works
Formula: A = P (1 + r/n)nt
P = Principal, r = Annual rate, n = Compounds/year, t = Years
Example
If you invest $1,000 at 5% annual interest compounded monthly for 10 years, the value ≈ --.
FAQs
- Simple vs compound interest? Compound grows on principal + accumulated interest.
- Which compounding frequency is best? More frequent = higher growth.