Compound Interest Calculator

Created by Luis Fernando
Based on research by
Garrett, S. “An Introduction to the Mathematics of Finance: A Deterministic Approach 2nd Edition“ (2013)See 1 more source
Cipra T. “Financial and Insurance Formulas“ (2006)
Last updated: Jun 16, 2022
This compound interest calc describes the way that a loan or investment will increase in value over time at a constant rate of interest, without any withdrawl or deposit of funds. Methematially, it is a simple exponential function.
Luis Fernando
Initial balance
$
Interest rate
%
Term
yrs
mos
Compounding frequency
monthly (12/Yr)
Additional deposits
How often?
never
Results
The final balance is $4,926.8.
The total compound interest is $3,926.8.
Balances
Represent
bar graph
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