P = Principal
i = nominal annual interest rate
n = number of compounding periods
Compound interest (or compounding interest) is interest calculated on the initial principal and also on the accumulated interest of previous periods of a deposit or loan.
Online calculator — enter the values and read the result on the interactive graph.
Saved amount (future value)
–
Drag along the graph — value in the given year (grey line = deposit)
1.000 € at 5 % for 10 years → FV = 1.000 · 1,0510 = 1.628,89 €.