Calculate the Compound Interest

Compounding is the process of earning interest on past earnings. A compound interest calculator can help you figure out how much you will investments will grow if you invest your money into an account and earn interest on your investment for a specific period of time at a pre-determined rate of interest. Compounding is the basis of how your investment grows in the case of a variety of investments such as fixed deposit, recurring deposit and even Public Provident Fund (PPF). Read on to know details of how a compound interest calculator works.