Compound Interest Calculator Daily, Monthly, Weekly and Yearly
Compound Interest Calculator Daily, Monthly, Weekly and Yearly calculates how much your money can grow using compound interest. Compound interest calculator with monthly contributions gives you the option to include monthly & yearly contributions.
The daily compound interest calculator can be used to calculate loans, investments or savings with compound interest.
Simple interest investments can only earn interest on the principal while compound interest investments earn interest on interest. If you are looking
for simple interest calculation, please use our Interest Calculator.
Compound Interest Calculator with contributions (monthly & annual contributions) gives you the option to calculate how much your money can grow with additional monthly or annual contributions. You also have the
option to adjust when whether the contribution be made at the start or end of each compound period.
Daily Compound Interest Calculator
The online daily compound interest calculator is useful whether you are trying to save money, investing or paying off loans. You can add monthly or yearly
contributions for your daily interest calculation or leave the field as $0 if you do not wish to make regular contributions.
Monthly Compound Interest Calculator
By default, the calculator is a monthly compound interest calculator, you can change the monthly to daily or any other compound period for your need.
The following shows you how to calculate compound interest.
Compound Interest Formula
Below is the compound interest formula
A = P (1 + r/n)^(nt)
Where:
A = is the future value of investment/loan including interest earned
P = is the the principal investment or loan amount
r = is the the annual interest rate in decimal
n = is the number of times that interest will be compounded per year
t = is the number of years the money is invested or borrowed
