Compound Interest Calculator

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Calculate future wealth and interest compounding annually, quarterly, or monthly on lump sum savings.

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5 years
Total Maturity AmountLive Preview
₹1,48,595

An initial deposit of ₹1,00,000 compounded quarterly at 8.0% per year grows to ₹1,48,595 after 5 years, earning ₹48,595 in compound interest.

Total Compound Interest
₹48,595
₹48.59 K earned
Effective Annual Yield (APY)
8.24%
True yield considering compounding frequency

Principal vs Interest

Principal67.3%
Interest32.7%
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Yearly Balance Growth

Understanding Your Result

Compounding works by adding earned interest back into the principal amount at each compounding period, so subsequent interest is calculated on a larger base. More frequent compounding (e.g. quarterly vs annually) yields a slightly higher final maturity amount.

Mathematical Formula Used

A = P × (1 + r/n)ⁿᵗ

Compound interest formula.

A:Final maturity amount
P:Initial principal balance
r:Annual interest rate as decimal (Rate ÷ 100)
n:Number of times interest is compounded per year
t:Number of years

Frequently Asked Questions

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