Compound Interest Calculator: Complete Guide
Compound interest shows how an initial deposit can grow when earned interest is added back to the balance. Use this wealth growth simulation to compare rates, time periods, and monthly, quarterly, or annual compounding.
How to Use This Calculator
- Enter your initial deposit.
- Add the expected annual interest rate.
- Choose the investment period and compounding frequency.
Calculation Formula
A = P × (1 + r ÷ n)^(n × t)
A ₹50,000 deposit at 10% annually for 5 years can be compared across monthly, quarterly, and annual compounding frequencies.
Frequently Asked Questions
Why does time matter in compound growth?
Each period's interest can earn further interest, so a longer time horizon can have a significant effect on the final value.
Does this include regular deposits?
This version estimates growth from an initial deposit. Use the SIP calculator for regular monthly contributions.
Related Calculators
Interest rates and product terms vary. Use the result as a mathematical estimate, not a guaranteed return.