Compound Interest Calculator

See how your money can grow over time with the power of compound interest. Calculate the future value of your investments with different compounding periods.

Calculation Details

7%
20 years
Annually
Quarterly
Monthly
Daily

Results Summary

Principal Invested $110,000
Total Interest Earned $147,853
Total Future Value $257,853
Effective Annual Rate 7.23%

Maximizing Compound Interest

Start Early

The earlier you start investing, the more time your money has to compound. Even small amounts can grow significantly over decades.

Increase Frequency

The more frequently interest compounds, the faster your money grows. Daily compounding yields higher returns than annual compounding.

Regular Contributions

Consistent contributions amplify the power of compounding by adding more principal to generate additional interest.

Reinvest Earnings

Always reinvest your interest earnings to take full advantage of compounding rather than withdrawing them.