Finance & tax

Compound interest

See how your savings can grow over time.

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Monthly compounding over a whole number of months, end-of-month contributions and a constant assumed return. Excludes inflation, fees, taxes and investment risk; returns are not guaranteed.

BEHIND THE NUMBERS

Formula & assumptions

r ≠ 0: FV = P(1+r)ⁿ + C((1+r)ⁿ−1)/r; r = 0: FV = P + Cn

Monthly compounding over a whole number of months, end-of-month contributions and a constant assumed return. Excludes inflation, fees, taxes and investment risk; returns are not guaranteed.