📈 Compound Interest Calculator
Calculate compound interest with monthly/quarterly/yearly compounding.
About Compound Interest Calculator
Compound interest calculator with customizable compounding frequency and yearly breakdown.
Features
- Multiple frequencies
- Yearly breakdown
- Power of compounding
Frequently Asked Questions
What is the compound interest formula?
A = P(1 + r/n)^(nt) where A is final amount, P is principal, r is annual rate, n is compounding frequency per year, and t is time in years.
What is the power of compounding?
Compounding means your earnings generate their own earnings. Rs. 10,000 invested at 12% for 30 years grows to Rs. 2,99,599 with compounding versus just Rs. 46,000 with simple interest.
What compounding frequency is best?
More frequent compounding yields higher returns. Daily > Monthly > Quarterly > Annually. Most bank FDs compound quarterly. Investments in stocks/mutual funds compound continuously.