Rate Mortgage Calculator

Compound Interest Calculator

The compound interest calculator helps you estimate the future value of an investment or loan based on compound interest. Compound interest is calculated on the initial principal amount, which also includes all of the accumulated interest from previous periods on a deposit or loan. It's essentially 'interest on interest'. This calculator takes into account your initial investment, the interest rate, the compounding frequency, and the time period to give you a projection of your earnings.

Annually Semi-Annually Quarterly Monthly Daily

Your Investment Growth

Enter your investment details above and click "Calculate" to see how your investment can grow.

function calculateCompoundInterest() { var principal = parseFloat(document.getElementById("principal").value); var annualRate = parseFloat(document.getElementById("annualRate").value); var time = parseFloat(document.getElementById("time").value); var compoundingFrequency = parseInt(document.getElementById("compoundingFrequency").value); var resultDiv = document.getElementById("result"); if (isNaN(principal) || isNaN(annualRate) || isNaN(time) || isNaN(compoundingFrequency)) { resultDiv.innerHTML = "

Error

Please enter valid numbers for all fields."; return; } if (principal <= 0 || annualRate < 0 || time <= 0 || compoundingFrequency <= 0) { resultDiv.innerHTML = "

Error

Please enter valid positive numbers for principal, time, and a non-negative rate."; return; } var ratePerPeriod = (annualRate / 100) / compoundingFrequency; var numberOfPeriods = time * compoundingFrequency; var futureValue = principal * Math.pow((1 + ratePerPeriod), numberOfPeriods); var totalInterestEarned = futureValue – principal; resultDiv.innerHTML = "

Your Investment Growth

" + "Initial Investment: $" + principal.toFixed(2) + "" + "Annual Interest Rate: " + annualRate.toFixed(2) + "%" + "Investment Time: " + time + " Years" + "Compounding Frequency: " + getCompoundingFrequencyText(compoundingFrequency) + "" + "Estimated Future Value: $" + futureValue.toFixed(2) + "" + "Total Interest Earned: $" + totalInterestEarned.toFixed(2) + ""; } function getCompoundingFrequencyText(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 "Unknown"; } } .calculator-wrapper { font-family: sans-serif; max-width: 600px; margin: 20px auto; padding: 20px; border: 1px solid #e0e0e0; border-radius: 8px; box-shadow: 0 2px 5px rgba(0,0,0,0.1); } .calculator-form h2, .calculator-result h3 { text-align: center; color: #333; margin-bottom: 15px; } .calculator-form p { margin-bottom: 20px; line-height: 1.6; color: #555; } .form-group { margin-bottom: 15px; display: flex; align-items: center; justify-content: space-between; } .form-group label { display: block; margin-bottom: 5px; font-weight: bold; color: #444; flex-basis: 40%; } .form-group input[type="number"], .form-group select { width: 60%; padding: 10px; border: 1px solid #ccc; border-radius: 4px; box-sizing: border-box; /* Important for padding and border */ } .form-group select { cursor: pointer; } .calculator-form button { display: block; width: 100%; padding: 12px 20px; background-color: #4CAF50; color: white; border: none; border-radius: 4px; font-size: 16px; cursor: pointer; transition: background-color 0.3s ease; margin-top: 20px; } .calculator-form button:hover { background-color: #45a049; } .calculator-result { margin-top: 30px; padding: 15px; background-color: #f9f9f9; border: 1px solid #eee; border-radius: 4px; text-align: center; } .calculator-result p { margin-bottom: 10px; color: #333; } .calculator-result strong { font-size: 1.1em; }

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