Investment Details
Result
Invested Amount
₹
Total Interest
₹
Maturity Value
₹
✔ Standard compound interest formula used
How Compound Interest is Calculated
Compound interest helps your money grow faster by earning interest on both the original investment and the accumulated interest.
Formula:
A = P × (1 + r / n)^(n × t)
- P = Principal amount
- r = Annual interest rate
- n = Compounding frequency per year
- t = Time period in years