Tawix

Investment Financial Tools and Calculators

Compound Interest Calculator v2

Compound Interest Calculator v2

Find the future value and interest earnings of any periodic investment, including an allowance for an initial investment or lump sum.

Enter the initial investment (optional):
Enter the deposit amount:
Enter the annual interest rate:
Enter the number of years:
Future value:
Interest earned:

The meaning of compound interest

The adding of interest to the main sum/principal of a loan or savings is known as compounding. Compound interest is simply interest on interest. Compound interest is the ninth wonder of the world. Interest is reinvested instead of being paid out, so that interest in the next cycle is earned on the sum/principal and the previously-earned interest.

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