The Compound Interest Calculator helps you estimate how your investment grows over time with compounding interest. Adjust the initial investment, interest rate, and duration to visualize the potential returns.
Here’s how each value is calculated:
- Initial Investment: The starting amount you invest.
- Annual Interest Rate (%): The yearly percentage increase in your investment.
- Investment Duration: The number of years your investment will grow.
- Compound Growth: Each year, interest is added to the principal, and the next year's interest is calculated on the new total.