What is a Compound Interest Calculator?
A = P (1 + r/m)^(m t).
How is it calculated?
Enter principal, rate, years and compounds per year (1, 2, 4 or 12).
Formula used
A = P × (1 + r/m)^(m×t)
Worked example
₹1 lakh at 8% for 10 years grows more with monthly compounding than yearly.
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Frequently asked questions
Are results guaranteed?
No. These are planning estimates based on the numbers you enter.
Grow Money Calculator provides general financial calculation tools for educational and planning purposes. Results are estimates based on the information you enter and may differ from actual lender, bank or investment-product calculations. This is not a loan offer or investment advice. Read the full disclaimer.