Calculate compound interest over time.
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Get a simple explanation of the formula used in this calculator.
A = P(1 + r/n)^(nt)
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Total Amount
₹ 20,097
Total Interest Earned
₹ 10,097
The Compound Interest Calculator demonstrates one of the most powerful concepts in finance: how your money can grow exponentially over time. By reinvesting the interest you earn, your investment base gets larger, leading to even more interest in the next period. This "interest on interest" effect can significantly boost your savings over the long term.
The results will show the total future value of your investment and the total interest earned, illustrating the power of compounding.