Compound Interest Calculator

Grow a balance over time with any compounding frequency and contributions.

%
yrs
Balance after 10 years
$54,713.58

$20,713.58 of that is interest

Total deposited
$34,000.00
Interest earned
$20,713.58
Growth
60.9%
Show the working
  1. 1Compounding 12× per year at 7% gives a periodic rate of 0.00583333
  2. 2The starting $10,000.00 grows to $20,096.61
  3. 3$200.00/month for 120 months adds $34,616.96
  4. 4Final balance = $54,713.58
Formula
A = P(1 + r/n)^(nt) + PMT × ((1 + i)^m − 1) ÷ i

Year by year

YearDepositedInterestBalance
1$12,400.00$801.42$13,201.42
2$14,800.00$1,834.27$16,634.27
3$17,200.00$3,115.28$20,315.28
4$19,600.00$4,662.39$24,262.39
5$22,000.00$6,494.83$28,494.83
6$24,400.00$8,633.24$33,033.24
7$26,800.00$11,099.74$37,899.74
8$29,200.00$13,918.03$43,118.03
9$31,600.00$17,113.55$48,713.55
10$34,000.00$20,713.58$54,713.58

About the Compound Interest Calculator

Grow a balance over time with any compounding frequency and contributions. It sits in the Finance & Loans section of NWS Calc, a free collection of calculators that run entirely in your browser. There is no signup, no paywall and no tracking — open the page, enter your numbers, get an answer.

Frequently asked questions

Is the Compound Interest Calculator free to use?
Yes. Every calculator on NWS Calc is completely free, with no signup, no usage limits and no ads.
Does my data leave my device?
No. The Compound Interest Calculator runs entirely in your browser using JavaScript. Nothing you type is uploaded, logged or stored on a server.
Can I use the Compound Interest Calculator on my phone?
Yes. The page is fully responsive and works in any modern mobile or desktop browser — there is nothing to install.
What else is in Finance & Loans?
Loans, mortgages, interest, savings and investment returns. You can browse the full Finance & Loans category for related calculators.

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