Use this compound interest calculator to estimate how money grows when interest is compounded.
Enter values to calculate compound interest.
How this calculator works
Calculate compound interest using principal, rate, time, and compounding frequency.
Formula
Amount = principal × (1 + rate ÷ compounds per year)^(compounds per year × years).
Example
If 1,000 grows at 10% annually for 2 years compounded yearly, the final amount is 1,210.