Compound interest calculator
Project savings with monthly contributions and your choice of compounding frequency.
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How does it work?
Step 1Enter the starting balance and monthly contribution.
Step 2Choose the nominal annual rate, duration and compounding frequency.
Step 3Review the final balance and annual growth.
i = (1 + r/n)^(n/12) − 1 · Bₘ = Bₘ₋₁ × (1+i) + C
Frequently asked questions
At the end of each month. Equivalent monthly growth is derived from the nominal rate and compounding frequency.
No. This scenario assumes a fixed rate and excludes fees, taxes and inflation.
The final balance is the initial capital plus all contributions.