Compound Interest Calculator
Calculate compound interest for investments and savings. Plan your financial future with accurate compound interest calculations.
Compound Interest Calculator
Calculate compound interest for investments and savings. Plan your financial future with accurate compound interest calculations.
📊 Inputs
€
%
years
€
Optional regular monthly contribution
Future Value
16.077 €
Total Contributions
8000 €
Total Interest
8077 €
📈 Breakdown
Initial Amount:
8000 €
8000 €
Future Value from Principal:
16.077 €
16.077 €
Total Monthly Contributions:
0 €
0 €
Future Value from Contributions:
0 €
0 €
Interest Growth: 101.0%
📅 Year-by-Year Breakdown
Year | Total Value | Contributed | Interest |
---|---|---|---|
1 | 8578 € | 8000 € | 578 € |
2 | 9198 € | 8000 € | 1198 € |
3 | 9863 € | 8000 € | 1863 € |
4 | 10.576 € | 8000 € | 2576 € |
5 | 11.341 € | 8000 € | 3341 € |
6 | 12.161 € | 8000 € | 4161 € |
7 | 13.040 € | 8000 € | 5040 € |
8 | 13.983 € | 8000 € | 5983 € |
9 | 14.993 € | 8000 € | 6993 € |
10 | 16.077 € | 8000 € | 8077 € |
💡 How to Use
- Enter your initial investment amount
- Set the expected annual interest rate
- Choose how often interest compounds
- Add optional monthly contributions for better growth
🧮 Formula
Compound Interest:
Variables:
A = Future value of investment
P = Principal amount (initial investment)
r = Annual interest rate (decimal)
n = Number of times interest compounds per year
t = Time the money is invested (years)
A = P(1 + r/n)^(nt)
Variables:
A = Future value of investment
P = Principal amount (initial investment)
r = Annual interest rate (decimal)
n = Number of times interest compounds per year
t = Time the money is invested (years)