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Calculate how your money grows over time with compound interest. See total earnings, year-by-year breakdown, and the Rule of 72.
Compound interest is interest calculated on both the initial principal and the accumulated interest from previous periods, causing your money to grow exponentially over time.
after 10 years
Regular contributions are added at the end of each compounding period.
Compound interest is calculated using the formula:
A = P(1 + r/n)ntA = Final amount
P = Principal (initial investment)
r = Annual interest rate (decimal)
n = Compounding frequency per year
t = Time in years
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