Compound Interest Calculator
Calculate compound interest on savings and investments. Daily, monthly, annual compounding. Free compound growth calculator shows future value.
Results
Conversion Summary
Input Rate
6.00% Monthly
Effective Annual Rate
6.17%
Output Rate
6.17% Annually
Compounding Period
Equivalent Rate
Annually (APY)
0.00%
Semiannually
0.00%
Quarterly
0.00%
Monthly (APR)
0.00%
Semimonthly
0.00%
Biweekly
0.00%
Weekly
0.00%
Daily
0.00%
Continuously
0.00%
$1,000 Investment Growth (1 Year)
Conversion Formula
routput = noutput × [(1 + rinput/ninput)ninput/noutput - 1]
where r = rate, n = periods per year
Note: This calculator converts between different compound interest frequencies. APY (Annual Percentage Yield) represents the actual yearly return including compounding.
APR vs APY: APR (Annual Percentage Rate) is the simple interest rate, while APY includes the effect of compounding.
Continuous Compounding: Represents the mathematical limit of compound interest using Euler's constant (e ≈ 2.71828).