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Compound Interest Calculator
A free online compound interest calculator. Enter principal, annual rate, time period and compounding frequency (daily, monthly, quarterly, or yearly) to see your final amount, compound interest earned, simple interest for comparison, and the power of compounding. Includes a year-by-year growth table.
Investment Details
₹
0.5%30%
1 yr50 yrs
A = P(1 + r/n)^(nt)
= 100,000(1 + 10/1)^(1×5)
Results
Final Amount (CI)
₹1.61 L
Compound Interest
₹61,051
Simple Interest
₹50,000
SI Final Amount
₹1.50 L
CI vs SI Difference
₹11,051
Principal: 62%Interest: 38%
Year-by-Year Breakdown
| Year | Balance | Interest Earned | Growth |
|---|---|---|---|
| Year 1 | ₹1.10 L | ₹10,000 | +10.0% |
| Year 2 | ₹1.21 L | ₹21,000 | +21.0% |
| Year 3 | ₹1.33 L | ₹33,100 | +33.1% |
| Year 4 | ₹1.46 L | ₹46,410 | +46.4% |
| Year 5 | ₹1.61 L | ₹61,051 | +61.1% |
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