Compound Interest Calculator - Calculate CI Online
Calculate compound interest on your investments. See how your money grows with the power of compounding over time.
Calculate Compound Interest
Initial investment amount
Annual interest rate
Investment duration
Total Amount
₹2,70,704
Interest Earned
₹1,70,704
Principal
₹1,00,000
Breakdown
Formula & Explanation
A = P × (1 + r/n)^(n×t)Where A = Final amount, P = Principal, r = Annual interest rate / 100, n = Number of times interest is compounded per year, t = Time in years.
Calculation Examples
10-Year Investment
₹1 Lakh at 10% for 10 years (monthly compounding)
Amount: ₹2,70,704 | Interest: ₹1,70,704
Benefits
- Understand power of compounding
- Compare investment options
- Plan long-term wealth creation
- Visualize growth over time
- Make informed decisions
Use Cases
- Investment planning
- FD comparison
- Wealth projection
- Education planning
- Retirement planning
About Compound Interest Calculator
Our Compound Interest Calculator shows you the power of compounding. Calculate how your investment grows when interest is earned on both the principal and accumulated interest. Understand why Einstein called compound interest the eighth wonder of the world.
Frequently Asked Questions
Compound interest is interest calculated on both the initial principal and the accumulated interest from previous periods. It makes your money grow faster than simple interest.
Interest can be compounded annually, semi-annually, quarterly, monthly, or daily. More frequent compounding results in higher returns. Most banks compound quarterly.
Simple interest is calculated only on the principal amount. Compound interest is calculated on principal plus accumulated interest, resulting in exponentially higher returns over time.