Compound Interest Calculator

Principal, rate, time → interest and maturity amount.

A = P(1 + r/n)^(nt). Interest compounds on interest. FD and most investments use compound interest.

How to use

  1. Enter principal, rate, and tenure.
  2. Get compound amount and total interest.

Formula

A = P(1 + r)^n. A=amount, P=principal, r=rate per period, n=number of periods. CI = A − P.

FAQs

What is compound interest?
Interest on principal + previous interest. Grows faster than simple. A = P(1+r)^n.
Compound vs simple interest?
Compound: interest earns interest. Over time, compound gives much higher returns (investments) or costs (loans).

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