Compound Interest Calculator

See how an investment grows with compound interest over time.

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Final balance$1,647.01
Interest earned$647.01

A = P·(1 + r/n)^(n·t), where r is the annual rate, n the compounding periods per year, and t the years. An estimate — not financial advice.

Educational estimate only — not professional financial or medical advice.

Questions

What is compound interest?
Interest earned on both your original principal and the interest already added, so balances grow faster over time than with simple interest.