compound interest calculator

1. Compound Interest Calculator: A tool that calculates the future value of compound interest by applying interest to the previous period’s interest, then adding that amount to the principal to compound interest again.

2. This tool offers two calculation modes, which you can select based on your specific needs.

(1) Principal: Calculates the total amount that needs to be deposited based on the future value of the compound interest.

(2) Compound Interest: Calculates the future value of the compound interest based on the principal amount deposited.

3. Note: The results generated by this tool are for reference only and should not be relied upon as factual evidence. Please refer to actual calculations for accuracy.