๐ Compound Interest Calculator
Enter the principal, annual interest rate, period, and compounding frequency to calculate compound interest and final amount.
Compound Interest Formula
A = P ร (1 + r/n)nt
- P: Principal
- r: Annual interest rate
- n: Compounding frequency per year
- t: Investment period (years)
Compound interest adds earned interest back to the principal, so future interest is calculated on a larger base. You earn more than simple interest at the same rate.