Compound Interest Calculator
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About this Calculator
Use our free Compound Interest Calculator to calculate maturity amount and interest earned with various compounding frequencies.
How Compound Interest Calculator Works
Compound Interest (CI) is calculated on the principal amount plus the interest accumulated over previous periods. This calculator helps you estimate the maturity amount and total interest earned easily.
Compound Interest Formula
A = P ร (1 + R/n)nรT
Where P = Principal, R = Annual Interest Rate (%), T = Time in Years, n = Number of Compounding Periods per Year
Compound Interest Calculation Example
If you invest โน50,000 at 6% per annum, compounded quarterly for 5 years, the maturity value will be approximately โน67,157, and the interest earned will be โน17,157.
Frequently Asked Questions
Is this Compound Interest calculator free?
Yes, it is completely free.
Is CI guaranteed?
Yes, based on the fixed principal, rate, and compounding frequency.
Can I change the compounding frequency?
Yes, you can select annual, semi-annual, quarterly, or monthly compounding.