Compound Interest Calculator
Calculate the growth of your investments with compound interest
Compounding Benefits
- Higher frequency compounds grow money faster
- Regular contributions amplify growth
- Time is your biggest advantage
- Reinvesting returns maximizes gains
Investment Suggestions
- Mutual funds offer professional management
- Fixed deposits provide stable returns
- Debt funds for tax-efficient interest
- PPF for long-term tax-free growth
Frequently Asked Questions
Compound interest is interest calculated on both the principal and accumulated interest, leading to exponential growth over time.
Common compounding frequencies are daily, monthly, quarterly, and annually. More frequent compounding results in higher returns.
A = P(1 + r/n)^(nt), where A is final amount, P is principal, r is annual interest rate, n is compounding frequency, and t is time in years.