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Compound Interest Calculator
Calculate investment growth with compound interest, regular contributions and different compounding frequencies
Future Value
$16,453
Initial Investment $10,000
Total Contributions $0
Interest Earned $6,453
Total Amount $16,453
Growth Summary
Your investment will grow by $6,453 over 5 years
The Power of Compound Interest
Compound interest is often called the "eighth wonder of the world" because of its ability to grow wealth exponentially over time.
- Time: The longer you invest, the more dramatic the compounding effect
- Rate: Higher interest rates accelerate growth significantly
- Frequency: More frequent compounding increases returns
- Regular Contributions: Adding money regularly amplifies the effect
- Early Start: Starting early is more powerful than investing more later