Calculate Compound Interest Amount

Calculate Compound Interest (A)

%
Y M

₹ 61,051
Compound Interest Amount
₹ 1,00,000
Principal Amount
₹ 1,61,051
Total Amount
37.91%
Interest % to Total Amount

Compound Interest Calculator

What is the Compound Interest ?

The interest you earn each year is added to your principal, so that the balance doesn't merely grow, it grows at an increasing rate.

What is Principal Amount ?

The amount which you have invested.

What is Interest Rate ?

An interest rate is the cost of borrowing money, or conversely, the income earned from lending money. Interest rates are expressed as percentage of the principal per period.

What is No. of Years ?

Period in which you have invested.

What is Frequency?

The number of compounding periods in one year.

Compound Interest Formula

Here is the formula for finding the compound interest

A = P (1 + r/n) nt

  • A = value after t periods
  • P = principal amount (initial investment)
  • r = annual interest rate
  • n = number of times the interest is compounded per year
  • t = number of years the money is borrowed for / money is invested for

Compound Interest Example

John has invested 1,00,000 at compound interest rate of 10% for 5 Years where interest compounded yearly with principal

  • P (Principal Amount) = 1,00,000
  • r (Rate Of Interest) = 10 %
  • n (Compund Frequency) = 1
  • t (Period) = 5 Year
Compound Interest Calculation Steps

  • A = P (1 + r/n) nt
  • A = 1,00,000 (1 + 10 / (100 * 1))1 * 5
  • A = 1,00,000 (1 + 10 / 100)5
  • A = 1,00,000 (1 + 0.1)5
  • A = 1,00,000 (1.1)5
  • A = 1,00,000 (1.61051)5
  • A = 1,61,051