Compound Interest Calculator
Calculate compound interest growth over time with annual, quarterly, monthly, or daily compounding.
Calculation Breakdown
Calculation Formula & Methodology
Compound interest adds earned interest back to the principal, so future interest is earned on previous interest.
What is Compound Interest?
Compound interest is interest calculated on the initial principal as well as all accumulated interest from previous periods.
Compounding Frequency Impact
More frequent compounding intervals (e.g. monthly vs annual) yield higher overall final amounts.
Example Compound Interest
₹1,00,000 principal at 10% p.a. annual compounding for 5 years:
Generates ₹61,051 in compound growth.
Key Compounding Factors
Compounding Frequency
Daily > Monthly > Quarterly > Annual.
Frequently Asked Questions
Divide 72 by annual interest rate to find approximate years needed to double your money.
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