Compound interest greatly affect the result of your savings. Use this calculator to understand how compounding can affect your savings, and how interest on interest really adds up.
|Time span (years):|
The amount of your initial investment, also called principal or lump sum.
The annual interest rate for your investment.
Interest on an investment's interest, plus previous interest.
P = C (1 + r/n) ntwhere
P = C (1 + r) t
Number of years for this investment.