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Compounding Calculator

A calculator to visualize and understand the power of compounding and compound interest.

Compound interest is the 8th wonder of the world. He who understands it, earns it; he who doesn’t, pays it. -- Albert Einstein

Here’s a simple calculator to better understand compounding. The doc has:

table⁠

where you can adjust inputs

chart⁠

that’s shows you growth over time

table⁠

that contains one row for each time period. The chart is a just different way to view data in this table.

Use the calculator by:

Tweaking four values in the Value column to change formula inputs.

Clicking on the two buttons. Clear Schedule to clear the table and Generate Schedule to generate the compounding chart.

The calculator demonstrates the growth of 100$ compounding at the rate of 8%, 1 time per year, over a time period of 40 years.

⁠

Name

Value

Comments

Label

Starting Amount

100

Compounding Rate

0.08

0.08 for a compounding rate of 8%

Compounding times Per Time Period

Usually 1. The number of times growth rate is applied per time period.

Time Periods

There are no rows in this table

⁠

Clear Schedule

⁠

Generate Schedule

⁠

Compounding Schedule

Compounding Schedule

⁠

Compounding Table

Compounding Table

⁠

Want to print your doc?
This is not the way.

Try clicking the ⋯ next to your doc name or using a keyboard shortcut (

CtrlP

) instead.