Compound interest is an effective way to grow your investment faster, where interest is added not only to your principal but also to the interest earned over time. Our compound interest calculator is designed for your convenience, allowing you to calculate interest on your investment more accurately. This calculator allows you to calculate interest with different time units and compounding frequency options.

What is compound interest?

Compound interest is interest that is charged on both the principal and the interest earned over time. It is also called "interest on interest." Compound interest helps your savings grow over time and is widely used in investments, loans, and financial planning.