Calculate the future value of your investments with our easy-to-use Compound Interest Calculator. Simply enter your initial investment, interest rate, time period, and compounding frequency to see how your money grows over time.
Perfect for investors, students, and financial planners to plan savings, understand compounding effects, and make informed decisions.
The Compound Interest Calculator helps you estimate the growth of your investments over time. By entering your principal amount, interest rate, investment duration, and compounding frequency, you can see your investment’s future value, interest earned, and total wealth accumulation.
Suppose you invest ₹1,00,000 at an annual interest rate of 8% for 5 years with yearly compounding. The future value will be approximately ₹1,46,933, with interest earned of ₹46,933. You can also see a year-wise breakdown:
| Year | Opening Balance (₹) | Interest (₹) | Closing Balance (₹) |
|---|---|---|---|
| 1 | 1,00,000 | 8,000 | 1,08,000 |
| 2 | 1,08,000 | 8,640 | 1,16,640 |
| 3 | 1,16,640 | 9,331 | 1,25,971 |
| 4 | 1,25,971 | 10,078 | 1,36,049 |
| 5 | 1,36,049 | 10,885 | 1,46,933 |
Use this calculator to plan your investments effectively, understand compounding effects, and make informed financial decisions.
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