# $1200 at 2% monthly for 5 months

Compound interest means that the interest you earn each year is added to your principal, so that the balance doesn't merely grow, it grows at an increasing rate. Click here to read more about interest rates.

## Compound Interest Chart

## Compound Interest Calculations Table

# Compound Interest Meaning

Compound interest means that the interest you earn in each compounding period is added to your principal, so that the balance doesn't merely grow, it grows at an increasing rate.

## Compound Interest Formula

^{r}/

_{n})

^{n × t}

**Where:**

- A = the future value (or FV) of the investment/loan, including interest
- P = the principal investment amount (the initial deposit or loan amount also known as present value or PV)
- r = the annual interest rate expressed in decimal form (decimal = %/100). r is also known as rate of return.
- n = the number compounding periods per year (n = 1 for annually, n = 12 for monthly, etc.)
- t = the time in years or fraction of years (multiples of 1/n. Ex.: 2/n, 3/n, etc.)

If you want to calculate the compound interest only, you should use this formula:

^{r}/

_{n})

^{n × t}- P

### Notes:

- This calculator uses one year as 365 days.
- This calculator is provided to help you determine how a line of credit, loan, savings account or a deposit may affect your budget.

### See Also:

### References

### Compounding Interest Calculator - Yearly, Monthly, Daily

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## Sample Compounded Interest Calculations

- 150 at 5% monthly
- 3000 at 3.5% monthly
- 1600 at 6.25% daily for 15 months
- 550 at 6.25% monthly for 15 months
- 250 at 1.5% daily
- Compound interest quarterly for 15 years
- Compound interest daily for 25 months
- 300 at 2% daily for 15 years
- Compound interest quarterly for 30 years
- 3100 compounded annually
- Compound interest daily for 30 years
- Compound interest monthly for 5 years
- 1050 compounded quarterly
- 3000 at 7% daily for 2 years
- Compound interest daily for 5 years

- 650 compounded monthly
- Compounding interest annually
- 1700 compounded quarterly
- Compounding interest semiannually
- 1000 compounded annually
- Compound interest daily calculator
- 2000 at 4% monthly
- 7000 compounded monthly
- 850 at 6.25% annually for 2 years
- 1200 at 2% monthly for 20 months
- Compound interest monthly calculator
- 3100 at 5.5% quarterly for 15 years
- 250 at 6% monthly for 2 months
- Compound interest monthly for 15 months
- Compound interest semiannually for 25 years

- 8000 at 1.55% daily
- Compound interest quarterly for 20 years
- 1000 compounded daily
- 3000 at 10% daily for 2 months
- 3100 at 8% monthly for 15 years
- Compound interest semiannually calculator
- 550 at 3% monthly
- Compounding interest daily
- 1100 at 2% annually
- Compound interest annually for 30 years
- Compound interest calculator semiannually
- Compound interest calculator monthly
- 150 at 1.5% semiannually for 10 years
- Compound interest monthly for 15 years
- 1050 at 1.55% daily for 15 years

### Disclaimer

While every effort is made to ensure the accuracy of the information provided on this website, we offer no warranties in relation to these informations.