Effective Rate of Interest Calculator

Compound Interest Calculator

Understand how your investments can grow over time with the power of compound interest. Compound interest is the interest calculated on the initial principal, which also includes all of the accumulated interest from previous periods. It's essentially "interest on interest".

Annually (1) Semi-annually (2) Quarterly (4) Monthly (12) Daily (365)
function calculateCompoundInterest() { var principal = parseFloat(document.getElementById("principal").value); var annualRate = parseFloat(document.getElementById("annualRate").value); var years = parseFloat(document.getElementById("years").value); var compoundingFrequency = parseInt(document.getElementById("compoundingFrequency").value); var resultDiv = document.getElementById("result"); if (isNaN(principal) || isNaN(annualRate) || isNaN(years) || isNaN(compoundingFrequency) || principal <= 0 || annualRate < 0 || years <= 0 || compoundingFrequency <= 0) { resultDiv.innerHTML = "Please enter valid positive numbers for all fields."; return; } var ratePerPeriod = annualRate / 100 / compoundingFrequency; var numberOfPeriods = years * compoundingFrequency; var futureValue = principal * Math.pow((1 + ratePerPeriod), numberOfPeriods); var interestEarned = futureValue – principal; resultDiv.innerHTML = "

Your Investment Growth

" + "Initial Investment: $" + principal.toFixed(2) + "" + "Annual Interest Rate: " + annualRate.toFixed(2) + "%" + "Compounding Frequency: " + compoundingFrequency + " times per year" + "Investment Period: " + years + " years" + "Total Value After " + years + " Years: $" + futureValue.toFixed(2) + "" + "Total Interest Earned: $" + interestEarned.toFixed(2) + ""; } .calculator-container { font-family: sans-serif; max-width: 600px; margin: 20px auto; padding: 20px; border: 1px solid #ccc; border-radius: 8px; background-color: #f9f9f9; } .calculator-form h2 { text-align: center; color: #333; margin-bottom: 15px; } .calculator-form p { text-align: center; color: #555; margin-bottom: 25px; line-height: 1.6; } .form-group { margin-bottom: 15px; display: flex; flex-direction: column; } .form-group label { margin-bottom: 5px; font-weight: bold; color: #444; } .form-group input[type="number"], .form-group select { padding: 10px; border: 1px solid #ccc; border-radius: 4px; font-size: 1em; } .form-group input[type="number"]::placeholder, .form-group select::placeholder { color: #aaa; } button { display: block; width: 100%; padding: 12px 20px; background-color: #007bff; color: white; border: none; border-radius: 4px; font-size: 1.1em; cursor: pointer; transition: background-color 0.3s ease; margin-top: 20px; } button:hover { background-color: #0056b3; } .calculator-result { margin-top: 30px; padding: 20px; border: 1px solid #e0e0e0; border-radius: 8px; background-color: #fff; text-align: left; } .calculator-result h3 { color: #333; margin-bottom: 15px; text-align: center; } .calculator-result p { margin-bottom: 10px; color: #555; line-height: 1.5; } .calculator-result strong { font-weight: bold; }

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