Compound Interest Calculator
See how your investment grows over time with the power of compound interest.
Final Amount
$20,096.61
Total Interest Earned
$10,096.61
Growth Multiple
2.01x
Formula
A = P(1 + r/n)^(nt) where A = final amount, P = principal, r = annual rate, n = compounds/year, t = years
Compound interest means you earn interest on your interest. More frequent compounding results in slightly higher returns.
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Results are for informational purposes only. Verify important calculations independently.