Compound Interest Calculator
Discover the magic of compounding and see how your investments grow over time.
Tip: The higher the compounding frequency, the faster your money grows!
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About this Tool & FAQ
What is Compound Interest?
Compound interest is the interest on a deposit calculated based on both the initial principal and the accumulated interest from previous periods. It's 'interest on interest'.
How is it different from Simple Interest?
Simple interest is only calculated on the principal amount, whereas compound interest is calculated on the principal amount and also on the accumulated interest.