Compound Interest and Your Return

How interest is calculated can greatly affect your savings. The more often interest is compounded, or added to your account, the more you earn. This calculator demonstrates how compounding can affect your savings, and how interest on your interest really adds up!

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Definitions

Investment Amount
The amount of your initial investment.

Annual Interest Rate
The annual interest rate for your investment. Please use a realistic rate. Consult an investment professional for an appropriate rate of return.

Years
Number of years for this investment.

Yearly APY
Annual percentage yield received if your investment is compounded yearly.

Quarterly APY
Annual percentage yield received if your investment is compounded quarterly.

Monthly APY
Annual percentage yield received if your investment is compounded monthly.

Daily APY
Annual percentage yield received if your investment is compounded daily.

Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.