Compound Interest Calculator

Compound interest is interest calculated on both the original principal and the accumulated interest from previous periods, causing growth to accelerate over time compared to simple interest.

Yes, more frequent compounding (like monthly or daily) results in slightly higher returns than less frequent compounding (like annually), for the same nominal interest rate, though the difference is usually modest.

This calculator assumes a fixed interest rate and no additional contributions. Real investment returns often vary and may include regular deposits, which this tool does not account for.