Smart Calculators

Compound Interest Calculator – Investment Growth Calculator

A compound interest calculator (or investment growth calculator) shows how much a lump sum grows over time when interest is compounded. You enter the initial amount, annual rate, and number of years. This article explains compound interest and links to our calculator.

Quick Answer

LabelValue
Principal$10,000
Annual rate5%
Years10
Future value$16,288.95

How It Works

Future value = principal × (1 + rate)^years. With compound interest, you earn interest on prior interest. For $10,000 at 5% for 10 years: $10,000 × (1.05)^10 ≈ $16,289. Our calculator compounds annually. Real investments may compound monthly or at other intervals.

Additional Notes

Use a conservative rate for long-term planning. Returns are not guaranteed. For regular contributions, use our Retirement Calculator.

Use Our Calculator

Try our Compound Interest Calculator for your own numbers: /calculators/compound-interest-calculator

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Frequently asked questions
  • Interest that is calculated on the principal plus any interest already earned, so growth accelerates over time.

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