Calculate the growth of your investment over time
The eighth wonder of the world
Compound interest accelerates wealth creation by earning interest on interest.
The longer you stay invested, the more powerful the compounding effect becomes.
Your money grows geometrically rather than arithmetically (as in simple interest).
Compounding is essential to beat inflation and maintain purchasing power over time.
Your money works for you 24/7 without any additional effort on your part.
Even small regular investments can grow into large sums due to the power of compounding.
Compound interest is the interest on a loan or deposit calculated based on both the initial principal and the accumulated interest from previous periods.
Interest on interest
Monthly, Yearly, etc.
Faster growth
A = P(1 + r/n)nt
Common queries about compounding
Simple interest is calculated only on the principal amount, whereas compound interest is calculated on the principal amount plus the accumulated interest from previous periods.