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Compound Interest Calculator

$
$
%
Yrs
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Formula & Calculation Logic

FV = P(1 + r/n)^(nt) + PMT × [((1 + r/n)^(nt) - 1) / (r/n)]
P
P: Initial principal.
PMT
PMT: Monthly contribution amount.
r
r: Annual interest rate.
n
n: Compounds per year.
t
t: Total number of years.

What is Compound Interest?

Compound interest is the interest on a loan or deposit calculated based on both the initial principal and the accumulated interest from previous periods. Think of it as "interest on interest."

The Power of Frequencies

The more frequently interest is compounded, the faster your investment grows. Compounding monthly is better than yearly, and daily is better than monthly.

Yearly: Interest added once a year.
Monthly: Interest added 12 times a year.
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About the Compound Interest Calculator

The Compound Interest Calculator is a specialized financial tool designed to assist in accurate monetary planning. Whether you are budgeting, planning investments, or managing loans, precision is key. This calculator simplifies complex formulas into an easy-to-use interface, helping you make informed financial decisions.

How It Works

Our tool processes your inputs using standard financial algorithms. By instantly computing the results, it allows you to compare different scenarios without the need for manual spreadsheets or errors.

Why Use EzCalcy?

Disclaimer: Financial results are estimates for planning purposes only. Please consult a qualified financial advisor for professional advice.