Compound Interest Calculator
Project how savings or investments grow with compounding and optional contributions.
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Frequently asked questions
What is compound interest?
Interest earned on both your original principal and previously accumulated interest, accelerating growth over time.
How often should interest compound?
More frequent compounding yields slightly more. Canadian accounts commonly compound monthly or daily; the long-term effect compounds.
Does this calculator give investment advice?
No. It is a mathematical estimator only and not financial advice.
Legal & Accuracy Notice: Informational math tool only — not financial, investment, or tax advice. Excludes fees, taxes, and inflation. Confirm with a qualified professional. No data collected.