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Compound Interest

Explore savings with monthly compounding and contributions.

Enter your values, then select Calculate.

How this is calculated

Assumes a constant annual nominal rate divided by 12, monthly compounding, and contributions at the end of each month. Balance = P(1+r)n + C((1+r)n−1) ÷ r. At 0%, balance = P + C × n. Investor.gov calculator.

An illustration, not a guaranteed return. Excludes fees, taxes, inflation and market variability.