StudyFrame

Compound interest calculator

Fill in what you know and leave the unknown box empty — it works out whichever one is missing. Nothing is uploaded; the arithmetic happens in your browser.

Final amount = 1628.89

The formula

A = P(1 + r)ᵗ

Where this usually goes wrong

Compounded once a year. Rate as a decimal: 5% is 0.05. A is the total, so the interest earned is A − P.

Worked example

$1,000 at 5% for 10 years becomes $1,628.89.

Those numbers are already in the boxes above — press Work it out to see it, then change them for your own.

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