Free Compound & Simple Interest Calculator

Calculate compound interest with annual, semi-annual, quarterly, monthly, or daily compounding. Compare returns against simple interest with growth charts.

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About Compound & Simple Interest Calculator

Computes compound growth: A = P × (1 + r/n)^(n*t). Demonstrates the exponential power of compounding interest across diverse deposit frequencies.

How to Use Compound & Simple Interest Calculator Online

  1. Enter Initial Principal Deposit (₹).
  2. Enter Annual Interest Rate (%).
  3. Choose Compounding Frequency (Annually, Quarterly, Monthly, Daily).
  4. Enter Investment Duration in Years.
  5. View total interest earned and year-by-year balance table.

Frequently Asked Questions

What is the difference between Simple Interest and Compound Interest?
Simple interest is calculated only on the principal amount, while compound interest is calculated on the principal plus previously accumulated interest.