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Compound Interest Calculator

Compound Interest Calculator

Enter any three of the four values below — principal, rate, time, and total accrued amount — and the one you leave out is calculated automatically using the compound interest formula:

A equals P times open paren 1 plus r over n close paren, raised to the power n t

Total principal amount, if known

Interest rate, % per year

Time period, based on the selection above

Total (principal + interest)

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What do the symbols mean?

A Total accrued amount, i.e. principal + interest
P Principal amount
I Interest amount
R Annual nominal interest rate, in percent
r Rate of interest per year, r = R / 100
t Time period involved, in years (the calculation period)
n Number of compounding periods per year

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A Special Case: Continuous Compounding

As the number of compounding periods per year (n) grows toward infinity, the compound interest formula converges to a simpler one built around Euler's number (e):

A equals P times e raised to the power r t

Pick Continuously from the Compound (n) dropdown above to use this formula instead.

Solving for Other Variables (n compounding periods per year)

Principal

Principal: P = A / (1+r/n)^nt

Rate of interest

Rate of interest: r = n((A/P)^(1/nt) - 1 )

Time

Time: t = (ln(A) - ln(P) ) / (n * ln(1 + r/n))

Solving for Other Variables (continuous compounding)

Principal

Principal: P = A / e^rt

Rate of interest

Rate of interest: r = ln(A/P) / t

Time

Time: t = ln(A/P) / r