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Compound Interest Calculator

Last updated 23rd Sep 2022

This free compound interest calculator allows you to see the impact of compound interest on your long term investment. The calculator takes your investment or savings amount, interest rate before compounding, and investment duration to calculate the daily, weekly, monthly, quarterly, semi-annual, and annual effective interest rate. The calculator also returns the future value of the investment at each of the compounded interest rates

Calculator Definitions

The variables used in our online calculator are defined in detail below, including how to interpret the results.

Investment or Savings Amount ($)

This is the original long-term investment or savings account amount that you'd like to analyze with this calculator.

Interest Rate Before Compounding (%)

This is the percentage interest rate, before any compounding is applied.

Investment Duration (Years)

This is the duration of the investment or savings. For example, you may have a four year Certificate of Deposit, or CD, with a local bank.

Effective Compound Interest Rates (%)

This next series of values represent the compound interest rate, stated in percentages, for each of the compounding terms. For example, we're showing the results for daily, weekly, monthly, quarterly, and semi-annual compound interest rates along with the annual rate of interest.

Future Value With Compounding ($)

Finally, this calculator shows you the effect of compounding on your investment by figuring out the future value, in dollars, of your original investment at each of the compounding interest rates.

Compound Interest Calculator

Disclaimer: These online calculators are made available and meant to be used as a screening tool for the investor. The accuracy of these calculations is not guaranteed nor is its applicability to your individual circumstances. You should always obtain personal advice from qualified professionals.

Moneyzine Editor

Moneyzine Editor