Compound Interest
Project how an investment grows over time with compounding and optional recurring contributions.
How to use Compound Interest
- Enter your starting amount and interest rate.
- Add a contribution and choose the compounding frequency.
- See the projected balance and interest earned.
Frequently asked questions
- How does compounding frequency affect growth?
- More frequent compounding (e.g. monthly vs yearly) earns slightly more because interest is added to the balance sooner.