Compound Interest Calculator
Determine how much your money can grow using the power of compound interest.
Step 1: Initial Investment
Amount of money that you have available to invest initially.
Step 2: Contribute
Amount that you plan to add to the principal every month, or a negative number for the amount that you plan to withdraw every month.
Length of time, in years, that you plan to save.
Step 3: Interest Rate
Your estimated annual interest rate.
Range of interest rates (above and below the rate set above) that you desire to see results for.
Step 4: Compound It
Times per year that interest will be compounded.
Results
Year | Starting Balance | Interest Earned | Contributions | Ending Balance |
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