About the Compound Interest Calculator
Compound interest is interest earned on both your original principal and the interest already added. This calculator shows how your money grows for any principal, rate, time and compounding frequency.
Compare yearly, half-yearly, quarterly, monthly and daily compounding to see the effect of more frequent compounding. It all runs in your browser.
Worked example: ₹50,000 at 8% a year for 5 years, compounded yearly, grows to ₹73,466.40 using A = P × (1 + r/n)^(n×t) — that is ₹23,466.40 of compound interest. Switching to monthly compounding nudges the total a little higher.