Compound Interest & Future Value Calculator
Calculate future value and interest with compound interest
Enter Investment Details
CSV: parameter,value — principal, annualRate, timePeriod, compoundingFrequency, currency. After Solve, also Export results CSV.
Theory of Compound Interest
Example Problem:
Principal: $10,000.00
Interest Rate: 8% per annum
Time Period: 5 years
Compounding: Monthly (12 times/year)
Solution:
Monthly Rate = 8% / 12 = 0.6667%
Periods = 5 × 12 = 60 months
Future Value ≈ $14,898.00
Interest Earned = $4,898.00
1. How does compounding frequency affect future value?
2. What is Effective Annual Rate (EAR)?