Compound interest calculator

How much could your investment be worth if you get started today. Find out with our dollar-cost averaging calculator.

Choose deposit amount, and hodl period to see your potential returns., and discover what your hodlings would be using a compound interest calculator.

Let's crunch the numbers

C.I Calculator

Interest APY

10%

Deposit Period (Days)

112 months

Investment Over Time

amount

$ 100000

earned

$ 10000

total

$ 110000

It's not too late – set up an account now.

By investing $100000 for 1 months, your total return will be $110000.

Learn more about CIC

What is compound interest

Compound interest is the interest you earn on your interest. It’s the reason why your savings grow over time. The more you save, the more you earn. The more you earn, the more you save. It’s a virtuous cycle that can help you reach your financial goals faster.

How do you calculate the monthly compound interest?

To calculate the monthly compound interest, you need to know the following:

  • The principal amount
  • The interest rate
  • The number of compounding periods

The formula for calculating the monthly compound interest is:

A = P(1 + r/n)nt

Where:

  • A = the future value of the investment/loan, including interest
  • P = the principal investment amount (the initial deposit or loan amount)
  • r = the annual interest rate (decimal)
  • n = the number of times that interest is compounded per unit t
  • t = the time the money is invested or borrowed for

For example, if you invest $100 at 10% interest compounded monthly for 5 years, the formula would be:

A = 100(1 + 0.1/12)12*5

A = 100(1 + 0.00833)60

A = 100(1.00833)60

A = 100(61.651)

A = $6,165.10

What are the benefits of compound interest calculator?

In the long term, compound interest can help you reach your financial goals faster. It can also help you save money on taxes.

Compound interest can help you reach your financial goals faster. It can also help you save money on taxes.

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