Compound Interest Calculator

See how your money grows with the power of compound interest!

Investment Details

Your Investment Growth

12,820

Final Amount

Initial Investment:10,000
Interest Earned:2,820
Growth:28.2%

Formula Used:

A = P(1 + r/n)nt

Understanding Compound Interest

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Exponential Growth

Your money grows faster over time as you earn interest on both your principal and previously earned interest

Time is Key

The longer you invest, the more powerful compound interest becomes. Start early to maximize growth

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Compounding Frequency

More frequent compounding (monthly vs annually) leads to slightly higher returns over time

💡 Pro Tips for Indian Teens

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Start with SIPs

Systematic Investment Plans let you invest small amounts regularly

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Use Apps

Apps like Groww, Zerodha allow investments starting from ₹100

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PPF & ELSS

Tax-saving options with good compound growth potential

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Pocket Money

Even ₹500/month can grow to lakhs over 10-15 years!