Compound Interest Calculator
Initial Deposit: $100
Additional Deposits: $0
Total Interest: $-100
Total Balance: $0
Our Compound Interest Calculator helps you estimate the growth of your savings or investments over time. Simply enter the following details:
- Amount: The initial principal or starting investment.
- Rate: The annual interest rate as a percentage.
- Term: The number of years the money will grow.
- Frequency: How often interest is compounded (daily, monthly, quarterly, annually, etc.).
Optional
- Additional Deposit: Extra contributions made to the investment over time.
- Deposit Frequency: How often additional deposits are made (weekly, monthly, yearly, etc.).
With these inputs, the calculator will show how your investment grows with compounding, helping you plan for the future.