years
%

### Return

Initial invest: 10,000

Regular invests: 1,200,000

Total interest: 926,907

Total returns: 2,136,907

# Compound interest calculator uk

Compound interest calculator use this free online compound interest to check out how much money your initial invest, regular invests, total interest costs, total returns. be financially informed, organized, & prepared. calculate step by step.

## How to use a compound interest calculator?

• 1. Select Your Currency: (£)
• 2. Enter initial invest amount:
• 3. Enter regular invest:
• 4. Select: Daily/Weekly/Bi-Weekly/Monthly/Annually
• 5. Select compound frequency: Monthly/Yearly
• 6. Select number of years:
• 7. Select annual interest rate:
• 8. Now you can see your Return, Investment information(By: Compound interest calculator)
• Saving ⬆️(By Graph)
• Years ➡️(By Graph)
• Initial invest:
• Regular invests:
• Total interest:
• Total returns:
• 9. That’s it!

## Compound interest calculator formula:

Compound interest: A = P(1+R/N)(NT)

• A = is the balance after T years, (the future value of the investment/loan, including interest)
• P = is the principal, the principal investment amount (the initial deposit or loan amount)
• R = is the annual interest rate expressed as a decimal
• N = is the number of times per year the interest is compounded, (the number of times that interest is compounded per unit T)
• T = is the time the money is invested or borrowed for

Using this website is the quite easy only thing you have to do that just select your currency, initial invest, Regular invest, select time, select compound frequency, number of years, annual interest rate using the mouse or if you are using a mobile phone then touch the numbers select your parameters like select your currency, initial invest, Regular invest, select time, select compound frequency, number of years, annual interest rate.

## Purpose of using a compound interest calculator?

It is helpful to calculate the compound interest calculator to determine the following: