Compound Interest Calculator

Compounding periods per year.

A = P(1 + r/n)^(n×t). n is compounds per year (1, 4, 12, or 365). Daily compounding needs a rate that is actually quoted that way, which most savings accounts are not.

Worked example: ₹50,000 at 8% for 10 years, compounded yearly. A is 50000 × (1.08)^10. Quarterly compounding at the same nominal rate finishes slightly higher.

Do not mix a reducing-balance loan rate into this box. Use the EMI tool for loans.