THE IDEA BEHIND THE ANSWER
A formula you can follow.
balance = P × (1 + r/n)^(n × years)
No recurring contributions are included. The rate stays constant; taxes, fees and inflation are excluded.
MONEY & PLANNING / ONE CLEAR STEP AT A TIME
See how a starting amount grows when interest also earns interest.
Start with the example below, or enter your values.
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Enter your numbers and we’ll work through the calculation together.
YOUR RESULT
THE IDEA BEHIND THE ANSWER
balance = P × (1 + r/n)^(n × years)
No recurring contributions are included. The rate stays constant; taxes, fees and inflation are excluded.
GOOD TO KNOW
Enter starting principal, annual interest rate (%), time (years), compounding frequency. Choose any available mode, then select Calculate. The example numbers are a starting point you can change.
A message explains what to change. Previous results are cleared when you edit an input, so the answer always matches the values you calculated.
No. These tools calculate locally in your browser, without an account. Displayed numeric results are rounded; these tools do not provide arbitrary-precision arithmetic.