Compound interest calculator

The 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


Principal or money invested:        $

Annual interest rate:                        %

Time:                                                      

Interest compounded                          time(s) annually

  

The compound interest is :             








Recent Articles

  1. Find water left in a tank using arithmetic sequences

    Jul 20, 17 10:41 PM

    A water tank is emptied at a constant rate. Initially, 36,000 gallons of water were in the tank. A the end of five hours, 16,000 gallons remained. How

    Read More

New math lessons

Your email is safe with us. We will only use it to inform you about new math lessons.

            Follow me on Pinterest


Page copy protected against web site content infringement by Copyscape








Recent Lessons

  1. Find water left in a tank using arithmetic sequences

    Jul 20, 17 10:41 PM

    A water tank is emptied at a constant rate. Initially, 36,000 gallons of water were in the tank. A the end of five hours, 16,000 gallons remained. How

    Read More