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.

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.