Compound interest calculator
Enter the principal, annual rate, time and compounding frequency to get the final amount.
Result
$1,000 at 8% compounded monthly for 5 years grows to about $1,490.
Example
Compute compound interest on a principal in your browser. Values stay on your device; no live rates.
$1,000 at 8% compounded monthly for 5 years grows to about $1,490.
Processed locally in your browser.
Methodology
A = P·(1 + r/n)^(n·t), where P is principal, r the annual rate, n the compounds per year and t the years.
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