Calculators

Credit/Savings

Compound interest and your return

How interest is calculated can greatly affect your savings. The more often interest is compounded, or added to your account, the more you earn. This calculator demonstrates how compounding can affect your savings, and how interest on your interest really adds up!

Definitions

Investment amount

The amount of your initial investment.

Interest rate

The annual interest rate for your investment.

Years

Number of years for this investment.

Yearly APY

Annual percentage yield received if your investment is compounded yearly.

Quarterly APY

Annual percentage yield received if your investment is compounded quarterly.

Monthly APY

Annual percentage yield received if your investment is compounded monthly.

Daily APY

Annual percentage yield received if your investment is compounded daily.