Compound Interest Calculator
Discover the power of compound interest. Calculate how your investments grow over time with regular contributions and different compounding frequencies.
Investment Details
Compound Frequency Impact
Daily Compounding
Interest calculated and added 365 times per year. Highest growth potential.
Monthly Compounding
Interest calculated 12 times per year. Good balance of growth and simplicity.
Annual Compounding
Interest calculated once per year. Simplest but lowest growth.
Investment Tips
- •Start investing early to maximize compound growth
- •Make regular contributions to accelerate growth
- •Reinvest dividends and interest for compounding
- •Higher compound frequency increases returns
- •Be patient - compound interest takes time
Understanding Compound Interest
The Magic Formula
- •Compound interest earns interest on interest
- •Time is your greatest ally in wealth building
- •Regular contributions amplify the effect
- •Higher rates and frequency increase returns
Investment Strategies
- •Dollar-cost averaging reduces risk
- •Diversify your investment portfolio
- •Consider tax-advantaged accounts
- •Review and rebalance regularly