Compound Interest Calculator

Our Compound interest calculator is designed to estimate how much money will be accumulated from one’s deposit within a certain period of time.

This calculator includes interest that is earned not only on the initial amount invested but also on any interest. In other words, compound interest is the interest calculated on top of the initial deposit and the interest which has been accumulated during the consecutive periods as well.

The most common use of the Compound interest calculator is the calculation of regular savings. In order to make a smart financial decision you must be able to foresee the expected outcomes of it.

The generic compound interest formula:

A = P(1 + r/n)(nt)

Compound interest calculator examples

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Formula for compound interest

The future value of the investment (including Principal):
A = P(1 + r/n)(nt)

Total Compounded Interest:
C = P(1 + r/n)(nt) - P

Effective Annual Rate:
i = (1 + r/n)n - 1

A = The future value of the investment
P = The principal investment amount
R = Annual Nominal Interest Rate in percent. In the formula, r = R/100.
n = The compound interval (the number of compounding periods per year)
t = Investment Period (years)
C = Total compounded interest
I = Effective Annual Rate. In the formula, i = I/100

When should you use Compound interest calculator?

Compound interest calculator was intentionally built for those, who wish to anticipate their best investment options, but it’s an irreplaceable tool to: banks, finance & investment consultants, family offices and to all financial service businesses. This tool becomes a saver, if you/your customers are looking for solution in situations when:

How to use Compound interest calculator?

This Compound interest calculator is an online widget. All you have to do in order to use it is to embed this calculator into your website. And you’re ready to go! Yet, before taking off, you should note that our Compound interest calculator is fully convertible.

This calculator widget can be adapted to any needs

Those who encountered with making a deposit would agree that there are more than a few options how to do it. Not all financial service institutions treat money investments the same way. Some apply compound interest monthly, others quarterly or even annually. Some of them charge fees, others don't.

Taking this into account, it's up to your control to modify the calculating formula or any other element of the calculator. Also, you can check out alternative calculator templates related to financial services.

Moreover, you can modify your Compound interest calculator to match it perfectly to your website look. The control of its appearance (design, color & text) is completely in your hands. Compound interest calculator widget works on all modern browsers and can be shown on any device whatever it is smartphone, tablet or computer.

Compound interest calculator leading users down the conversion funnel

When it comes to long term commitment, especially a financial one, people tend to collect all the necessary information first, evaluate the conditions and then make the final decision. Interactive calculators are great at helping you cover these points, but that’s not all. By adding a few additional elements, your calculator can encourage users to take further steps in your customer journey.

Compound interest calculator with an appointment booking form

If you're a financial service provider, your website goal is to lead visitors to book an appointment with you and then convert them to customers via live consultations. Adding an order form to your compound interest calculator will let you facilitate the process, as your users will be able to book a consultation with you straight away. All order and contact information together with the calculation results will be sent to your email and you can customize a direct message triggered by the click on the button.

You can also receive email alerts when consultation requests are submitted and later on have hot lead contact in your database. When creating your calculator add an order button at the end and customize the contact details you want to collect.

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Compound interest calculator mailing results to client’s email

If you dont want to push your client to a meeting straight away, Calconic also offers the possibility to send the calculation results directly to the client’s email address. That way giving them more time to think, but at the same time adding their contact details to your mailing list. Adding a mail results element will let your users download their estimates after adding their email address into the text field and you will be able to reach out to them as a follow up any time. Grow your mailing list in no time!

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Benefits of having Compound interest calculator on your website

Here’s why you should consider embedding our Compound interest calculator.

Benefits to your business:

Benefits to your customers:

The Compound interest calculator is just a single pick from our infinite selection of calculators, acknowledged tools in improving the quality of your customer service. With Calconic you can create any interactive calculator you can think of! For example, you can build a calculator to figure how much your customers can save in XX years by drinking one cup less of coffee in a day. Or calculate a regular monthly deposit to collect XX sum in XX years.

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