Estimate how your money grows over time with monthly contributions and interest. View detailed results, graph, and year-by-year breakdown.
Compound interest grows your investment by earning on both the principal and prior interest. Enter your details to see your growth over time using the formula:
A = P (1 + r/n)nt
Interest calculated on both the principal and accumulated interest from prior periods.
Simple interest is only on the principal, while compound interest includes prior interest earned.
Annually, monthly, or even daily. More frequent compounding means more growth.
Enter your initial investment, monthly contribution, interest rate, and years to see results with a graph and table.