Compound Interest Calculator Shows How Your Money Can Grow

With compound interest you receive interest on interest. So if you hold an investment for a long period, the value of the investment grows very rapidly after a few years. For example, at an annual interest rate of 6 percent, a $10,000 initial investment grows to $102,857 after 40 years.

Check out what compound interest can do for you using the compound interest calculator. Note: Do not use a comma of dollar sign in the calculator.

COMPOUND INTEREST
Principal		Months 1 = .08 2 = .17 3 = .25 4 = .33 5 = .42 6 = .50 7 = .58 8 = .67 9 = .75 10 = .83 11 = .92
Rate
Years
Amount
Interest

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Or you can use the compound interest calculator from KJE Computer Solutions, LLC to see how much your money will grow because of compound interest. You simply specify any initial dollar amount, annual investment return and years held and the calculator does the rest. It's fun and easy to use.

Updated December 16, 2007.