Savings & Investing

Compound Interest Calculator

Solve for principal, final amount, interest earned, annual rate, or investment time under compound growth. Choose a compounding frequency and use the remaining known values to calculate the selected unknown.

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Calculator guide

Understanding the Compound Interest Calculator

Review the inputs, outputs, calculation method, and formulas used by this tool.

Input parameters

Find
Selects the unknown value to solve for.
Principal (P)
The initial amount invested.
Rate (R)
Nominal annual interest rate.
Time (T)
Investment duration in years.
Compound (n)
Number of compounding periods per year.
Total P+I (A)
Final principal plus interest.
Total Interest (I)
Interest earned above principal.

Understanding the results

Solved value
The selected unknown principal, rate, time, total, or interest.
Final balance
Principal plus compounded interest.

Calculation principle

Compound interest earns interest on both the original principal and previously credited interest.

  1. Read and validate the entered values.
  2. Convert percentages and time periods into compatible units.
  3. Apply the formulas below and present the calculated results.

Formulas

Compound amount A = P × (1 + R / n)^(nT)
Interest earned I = A − P

Symbols refer to the corresponding input and result labels shown above.

How to use this calculator

Enter your figures, choose any available options, and select Calculate. You can change the inputs as often as you like to compare scenarios.

Planning note

Results are estimates for education and planning. Taxes, lender rules, fees, and investment returns can vary, so verify important decisions with a qualified professional.