Annualized Interest Rate Calculator

Compound Interest Calculator

This calculator helps you understand how your investment can grow over time with compound interest. Compound interest is the interest on a savings deposit or loan that is based on the initial principal and also on the accumulated interest from previous periods. It's often called "interest on interest."

Annually Semi-annually Quarterly Monthly Daily
function calculateCompoundInterest() { var principal = parseFloat(document.getElementById("principal").value); var annualInterestRate = parseFloat(document.getElementById("annualInterestRate").value); var compoundingFrequency = parseInt(document.getElementById("compoundingFrequency").value); var timeInYears = parseFloat(document.getElementById("timeInYears").value); var resultDiv = document.getElementById("result"); resultDiv.innerHTML = "; // Clear previous results if (isNaN(principal) || isNaN(annualInterestRate) || isNaN(compoundingFrequency) || isNaN(timeInYears) || principal < 0 || annualInterestRate < 0 || compoundingFrequency <= 0 || timeInYears < 0) { resultDiv.innerHTML = "Please enter valid positive numbers for all fields."; return; } var ratePerPeriod = annualInterestRate / 100 / compoundingFrequency; var numberOfPeriods = compoundingFrequency * timeInYears; var futureValue = principal * Math.pow((1 + ratePerPeriod), numberOfPeriods); var totalInterestEarned = futureValue – principal; resultDiv.innerHTML = "

Calculation Results

Initial Investment: $" + principal.toFixed(2) + " Annual Interest Rate: " + annualInterestRate.toFixed(2) + "% Compounding Frequency: " + getFrequencyDescription(compoundingFrequency) + " Time Period: " + timeInYears + " years Future Value: $" + futureValue.toFixed(2) + " Total Interest Earned: $" + totalInterestEarned.toFixed(2) + " "; } function getFrequencyDescription(frequency) { switch(frequency) { case 1: return "Annually"; case 2: return "Semi-annually"; case 4: return "Quarterly"; case 12: return "Monthly"; case 365: return "Daily"; default: return "Custom"; } } .calculator-container { font-family: Arial, sans-serif; max-width: 600px; margin: 20px auto; padding: 20px; border: 1px solid #ccc; border-radius: 8px; box-shadow: 0 2px 5px rgba(0,0,0,0.1); background-color: #f9f9f9; } .calculator-container h2 { text-align: center; margin-bottom: 15px; color: #333; } .calculator-container p { font-size: 0.95em; line-height: 1.5; color: #555; text-align: justify; margin-bottom: 20px; } .form-group { margin-bottom: 15px; } .form-group label { display: block; margin-bottom: 5px; font-weight: bold; color: #444; } .form-group input[type="number"], .form-group select { width: calc(100% – 12px); padding: 10px; border: 1px solid #ccc; border-radius: 4px; box-sizing: border-box; /* Include padding and border in the element's total width and height */ font-size: 1em; } .form-group select { height: 38px; /* Align height with input fields */ } button { display: block; width: 100%; padding: 10px 15px; background-color: #4CAF50; color: white; border: none; border-radius: 4px; cursor: pointer; font-size: 1.1em; margin-top: 20px; transition: background-color 0.3s ease; } button:hover { background-color: #45a049; } .calculator-result { margin-top: 30px; padding: 20px; border: 1px solid #eee; border-radius: 4px; background-color: #fff; } .calculator-result h3 { margin-top: 0; color: #333; border-bottom: 1px solid #eee; padding-bottom: 10px; margin-bottom: 15px; } .calculator-result p { margin-bottom: 10px; color: #555; font-size: 1em; text-align: left; } .calculator-result p strong { color: #222; }

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