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Future Investment Value
Total Principal
Total Interest Earned
See how your investment can grow with compound interest.
Total Principal
Total Interest Earned
Learn more about how compound interest works and how to use our calculator effectively.
Compound interest is the interest on a loan or deposit calculated based on both the initial principal and the accumulated interest from previous periods. It's often called 'interest on interest' and can make a sum grow at a faster rate than simple interest.
This calculator uses the standard compound interest formula for a series of payments (annuity) to project the future value. It considers your initial principal, regular contributions, compounding frequency, and interest rate over the investment period.