Compound Interest

    Investment Planning

    Interest calculated on both the initial principal and the accumulated interest from previous periods. The 'eighth wonder of the world.'

    Formula

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

    Why it matters

    Compound interest makes your money grow exponentially over time. The more frequently it compounds, the faster wealth accumulates.

    Indian example

    Related terms

    Learn the concept

    Time Value of Money