Compound interest calculatorThe following compound interest calculator will help you determine how much compound interest you can earn when investing your money with a company. Guidelines to use the calculator When entering numbers, do not use a slash: "/" or "\" First, enter the principal. The principal is the money you invest with your bank or any investment company. Second, enter the interest rate The interest rate is the amount of money you get paid yearly for every 100 dollars you invest Enter the time, which is how long your money will stay in the bank or the investment company Finally, enter how many times the interest will be compounded yearly or how often interest is calculated: If Compounded yearly : enter 1 Compounded semiannually or every two months: enter 2 Compounded quarterly or every 3 months: enter 4 Compounded monthly: enter 12 Compounded daily: enter 365 Compounded every two months: enter 6 Compounded every four months: enter 3 Need a Quick Answer to your Basic Mathematics Problems? Get an answer in 10 minutes or less from a math expert! Justanswer features topnotch math experts handpicked by personnel after they have taken and passed a rigourous math test and after their credentials have been verified by a third party
