Classroom Math//v1.0/Learn something

Compound Interest Calculator

See how money grows with compound interest.

Result

Final amount

1,647.01

647.01

Interest earned

1,000

Principal

  1. 1A = P × (1 + r/n)^(n×t)
  2. 2A = 1,000 × (1 + 0.05/12)^(12×10)
  3. 3A = 1,647.01, so interest earned = 647.01
Enter your values

Calculated instantly on your device. Free, no signup.

About this instrument

Enter a principal, annual rate, number of years and how often interest compounds to see the final amount and interest earned.

What you get
  • Save time spent on repetitive calculations
  • Saves to your toolbox on any device
  • Switch currency to match yours
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