📈 Compound Interest
How much does money grow over time? Enter the principal, rate and years to see the final amount with a year-by-year growth table. You can include a monthly deposit to model regular savings.
How to use the Compound Interest
- Enter the starting amount (principal).
- Enter the yearly rate (%) and the number of years; choose how often interest compounds.
- Optionally add a monthly deposit, then press Calculate.
Example: Rs 1,00,000 at 10% compound interest per year becomes Rs 1,61,051 in 5 years — Rs 61,051 of it is pure interest.
Frequently Asked Questions
What is compound interest?
Interest earned on both your money and on the interest already added — so growth speeds up over time.
How often should compounding be?
More frequent compounding (monthly, daily) grows money slightly faster than yearly at the same rate.
Can I add monthly savings?
Yes — enter a monthly deposit and it is included in the growth table.
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