Saturday, November 17, 2018
Savings Accounts Guide, Banking & Interest Rate Resource.

Compound Interest Savings Calculator

purpose: to figure the amount of compound interest earned on an initial savings deposit, considering a given frequency of compounding over the period. Compare if you like to simple interest to see the difference this method makes in terms of savings account performance over time.
Initial Deposit Amount
Interest %
Times Compounded per year1
Number of years accumulating

[awaiting your above entries...]
Compound Interest Earned: Total Interest & Deposit:
$ $

1 Figure monthly at 12 and 6 for semi-annual, quarterly at 4, and so on.

See formulas for compound interest for details on the mechanics of this operation.
Important: The information provided is for educational purposes only and the displayed results are not guranteed. Always consult a financial professional before committing.

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