Compound Interest Calculator

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Present value

$

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Annual interest rate

%

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Time length

Days Weeks Months Quarters Years

Additional payments (optional)

$

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Add payment at compounding period

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Future value

$

Total deposits amount

$

Total interest amount

$

Total yield

%

Final future value

Future values by time

Compound interest table

Period No.	Payment	Balance

Compound interest calculation

So The amount after n years [A_n] is equal to the initial amount [A_0] times one plus the annual interest rate [r] divided by the number of compounding periods in a year m raised to the power of [m] times [n].

A_n is the amount after n years (future value).

A₀ is the initial amount (present value).

r is the nominal annual interest rate.

m is the number of compounding periods in one year.

n is the number of years.

Example #1:

Calculate the future value after 10 years present value of $4,000 with annual interest of 4%.

Solution:

A₀ = $4,000

r = 4% = 4/100 = 0.04

m = 1

n = 10

A₁₀ = $4,000·(1+0.04/1)^(1·10) = $5,920.98

Example #2:

Calculate the future value after 10 years present value of $6,000 with annual interest of 5%.

Solution:

A₀ = $6,000

r = 5% = 5/100 = 0.05

m = 1

n = 10

A₁₀ = $6,000·(1+0.05/1)^(1·10) = $9,773.37

Example #3:

Calculate the future value after 8 years present value of $25,000 with annual interest of 3% compounded monthly.

Solution:

A₀ = $25,000

r = 3% = 3/100 = 0.03

m = 12

n = 8

A₈ = $25,000·(1+0.03/12)^(12·8) = $31,771.71

Example #4:

Calculate the future value after 5 years present value of $55,000 with annual interest of 3% compounded monthly.

Solution:

A₀ = $55,000

r = 3% = 3/100 = 0.03

m = 12

n = 5

A₈ = $55,000·(1+0.03/12)^(12·5) = $63,888.92

 

 

Compound interest calculation ►

 

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See also

• Compound interest formula
• Effective interest rate calculator
• Simple interest calculator

Features of Compound Interest Calculator

Our Compound Interest Calculator allows the users to Calculate Compound Interest . Some of the prominent features of this utility are explained below.

No Registration

You don’t need to go through any registration process to use the Compound Interest Calculator. Using this utility, users to Calculate Compound Interest as many times as you want for free.

Fast conversion

This Compound Interest Calculator offers users the fastest Calculate. Once the user enters the  Compound Interest values ​​in the input field and clicks the Calculate button, the utility will start the conversion process and return the results immediately.

Saves Time and Effort

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Accuracy

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