Calculate how your investment grows over time with compound interest. Choose your compounding frequency and see the power of long-term growth.
Compound interest is calculated using the formula A = P(1 + r/n)^(nt), where A is the final amount, P is the principal, r is the annual rate, n is the number of compounding periods per year, and t is the time in years.
$10,000 invested at 5% compounded monthly for 10 years grows to $16,470.09 — that's $6,470.09 in interest earned purely through compounding.