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Compound Interest Calculator

Calculate how your investments grow over time with compound interest. See year-by-year breakdown with charts.

Final Amount
£20,097
Total Interest
£10,097
Growth
101.0%

Year-by-Year Breakdown

YearValueInterest Earned
1£10,723£723
2£11,498£1,498
3£12,329£2,329
4£13,221£3,221
5£14,176£4,176
6£15,201£5,201
7£16,300£6,300
8£17,478£7,478
9£18,742£8,742
10£20,097£10,097

How to Use

1Enter your initial investment
2Set the annual interest rate
3Choose the compounding frequency
4Set the time period
5View your growth chart and year-by-year breakdown

Frequently Asked Questions

What is compound interest?
Compound interest is interest earned on both your initial deposit and previously earned interest — your money earns money on its money.
How often is interest compounded?
This calculator supports daily, monthly, quarterly, and annual compounding frequencies.

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