Compound Interest Calculator

Finance

See how compounding grows your money over time.

Compound interest details

Principal₹1,00,000

₹

Rate (p.a.)10 %

Time10 years

years

Compounding frequency

Total amount

₹2,70,704

Interest₹1,70,704

Principal
Interest

Principal: ₹1,00,000
Compound interest: ₹1,70,704
Total amount: ₹2,70,704

Compound Interest Calculator

Compound interest earns interest on your interest. The formula is A = P (1 + r/n)^(n·t), where n is the number of times interest compounds per year. More frequent compounding produces a slightly higher return.

Frequently asked questions

Does more frequent compounding earn more?

Yes, but with diminishing returns. Monthly compounding earns a little more than annual at the same nominal rate, because interest is added more often.

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