Compound Interest Calculator

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An online calculator to calculate the total savings, given the principal \( P \), the annual interest rate \( r \) and the number of compunding per year, is presented.


Compunding Formula

If an amount P (principal) is invested at the annual rate \( r \) and is compounded \( n \) times a year , the amount at the end of \( t \) years is given by the compunding formula:
\[ A = P \; \left(1 + \dfrac{r}{n} \right)^{n \times t} \]

Enter the princpal (total amount to be invested), the annual interest rate, the number of years and the compounding frequency (number of compunding per year) then calculate the potential returns on your investment.

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