Compound interest is the interest that is earned on an investment, as well as on the accumulated interest of previous periods. It occurs when the interest earned on an investment is added to the principal, so that the next interest calculation is based on a larger principal amount.
Our Compound Interest Calculator is an online tool that allows you to easily calculate the total return on an investment that earns compound interest. With this tool, you can input the investment amount, interest rate, number of times per year that the interest compounds, and the term of the investment (in years), and the calculator will do the rest.
Once you have entered this information, the calculator will automatically calculate the total return on the investment, including the accumulated compound interest.
The Compound Interest Calculator is a useful tool for anyone looking to understand the potential return on an investment that earns compound interest. By using it, you can get a better understanding of how your money can grow over time, and make informed decisions about where to invest your money.