Compound Interest Calculator: Grow Your Wealth
Calculate the future value of your investments with compound interest. Perfect for financial planning in India and worldwide.
Your Investment Results
Future Value (₹)
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Interest Earned (₹)
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Effective Annual Rate (%)
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Investment Breakdown
Investment Tips
Higher compounding frequency boosts returns.
Start early to maximize compound interest.
Consult a financial advisor for investment options.
More Tools to Explore:
Your Guide to Compound Interest
What’s a Compound Interest Calculator?
This tool calculates the future value of an investment with compound interest, showing total interest earned and effective annual rate. Ideal for savings and investment planning in India and globally.
How Compound Interest Is Calculated
Formulas used:
Future Value:
FV = Principal × (1 + Rate ÷ Frequency)^(Frequency × Years)
Interest Earned:
Interest = FV - Principal
Effective Annual Rate (EAR):
EAR = [(1 + Rate ÷ Frequency)^(Frequency) - 1] × 100
Our calculator simplifies these calculations!
Understanding Your Results
Your investment results include:
| Component | Description |
|---|---|
| Future Value | Total value after compounding (e.g., ₹1,46,933). |
| Interest Earned | Total interest gained (e.g., ₹46,933). |
| Effective Annual Rate | Actual annual growth rate (e.g., 8.24%). |
Why Use a Compound Interest Calculator?
Plan your financial growth:
Forecast Growth
Estimate future savings.
Compare Options
Evaluate investment choices.
Financial Planning
Set long-term goals.
Key Considerations for Compound Interest
Maximize your returns:
Results assume a fixed rate and no withdrawals. Actual returns may vary due to market conditions or fees.
Yes! The calculator uses ₹ (India), but you can input any currency, as results are proportional.
EAR reflects the actual annual growth, accounting for compounding frequency, unlike the nominal rate.
Frequently Asked Questions About Compound Interest
Questions about growing your wealth with compound interest? Here are answers to guide your financial planning:
Compound interest is interest earned on both the principal and accumulated interest. E.g., ₹1,00,000 at 8% annually for 5 years grows to ₹1,46,933 with monthly compounding.
Higher frequency (e.g., monthly vs. annually) increases returns, as interest compounds more often. E.g., monthly compounding yields more than annual at the same rate.
Yes! It’s tailored for Indian investors (₹) and savings like fixed deposits or mutual funds. Globally applicable.
EAR shows the true annual growth rate, factoring in compounding. E.g., 8% nominal rate with monthly compounding gives an EAR of ~8.24%.
Yes! All calculations are done locally in your browser, with no data stored or shared.