Compound Interest Calculator
See how your money grows with compound interest over time.
Enter your principal, annual rate, time period, and compounding frequency to get the final amount and total interest earned.
What is compound interest?
Compound interest is interest calculated on both the initial principal and the accumulated interest from previous periods. The more frequently interest is compounded, the faster your balance grows. Common frequencies are yearly, monthly, or daily.
After 10 years you will have 162.89.
Final amount
162.89
Total interest earned
62.89