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Understand the method before using any result. The details below describe the purpose and assumptions for this tool.
How the compound interest calculator works
The compound interest calculator helps you estimate results using the assumptions and values you provide. Review the formula and example before relying on the result.
Formula and assumptions
Future value = principal × (1 + annual rate ÷ compounding periods)^(periods × years).
Example
Choose a principal, annual interest rate, time and compounding frequency.
Important information
Results depend on the values, jurisdiction, date and assumptions you enter. Financial products, tax rules and medical recommendations may vary by location and change over time. Verify critical results with reliable sources.