Compounding interest calculator calculates your total returns and interest including option for annual additions.
Compounding Interest Calculator Tips
A compounding interest calculator helps you to see the cumulative effects of compounding and money snowballing over time. In other words, your interest earns interest!
This is especially useful for calculating FD returns or investments at a projected return.
The compounding interest calculator allows you to have regular savings/investments over time with regular annual additions.
The future value (FV) breaks out your total end value into both your total deposits and the interest earned.
A reverse use of a compounding interest calculator will be to show the effect of debts or loans which if not paid off will quickly become a large sum.