Compound Interest Calculator
Calculate compound interest and maturity value accurately using CalHub.
Total Amount
$0
Total Interest Earned
$0
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What is Compound Interest?
Compound interest helps your money grow faster by reinvesting earned interest. It is widely used in fixed deposits, mutual funds, savings accounts, and long-term investments.
How Does Compound Interest Work?
Interest earned in each period is added to the principal, so future interest is calculated on a higher amount. The more frequently interest is compounded, the higher the final amount.
Compound Interest Formula Explained
A = P (1 + r/n)nt
Where P = principal, r = annual interest rate, n = compounding frequency, t = time in years.
Benefits of Using Compound Interest Calculator
- Accurate and instant calculations
- Compare different compounding frequencies
- Helps in financial planning
- Free and secure tool
Frequently Asked Questions
Yes. Compound interest generates higher returns over time because interest is earned on interest.
Yes. Monthly or quarterly compounding generally results in higher maturity value.
Yes, this calculator works perfectly for fixed deposits and long-term savings plans.
No. All calculations are performed locally in your browser. No data is stored.
Yes, CalHub offers this tool completely free without any signup.