{"id":32767,"date":"2023-09-21T08:46:15","date_gmt":"2023-09-21T08:46:15","guid":{"rendered":"https:\/\/swoopfunding.com\/au\/compound-interest-calculator\/"},"modified":"2024-04-02T14:31:53","modified_gmt":"2024-04-02T14:31:53","slug":"compound-interest-calculator","status":"publish","type":"page","link":"https:\/\/swoopfunding.com\/au\/business-loan-calculator\/compound-interest-calculator\/","title":{"rendered":"Compound interest calculator"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"32767\" class=\"elementor elementor-32767\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-d92d0d2 elementor-section-content-middle elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d92d0d2\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-414f453\" data-id=\"414f453\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-8be4e79 elementor-section-content-middle elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8be4e79\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-3e79918\" data-id=\"3e79918\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7980883 elementor-widget elementor-widget-heading\" data-id=\"7980883\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.20.0 - 26-03-2024 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h1 class=\"elementor-heading-title elementor-size-default\">Compound interest calculator<\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-38b62df elementor-widget elementor-widget-text-editor\" data-id=\"38b62df\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.20.0 - 26-03-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>Our compound interest calculator can help determine how an initial amount of money, known as the principal, will grow over time when it earns interest that is compounded at regular intervals.\u00a0<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c2f4413 elementor-widget elementor-widget-ucaddon_last_updated\" data-id=\"c2f4413\" data-element_type=\"widget\" data-widget_type=\"ucaddon_last_updated.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n\n\t\t\t\n<div id=\"last-updated-container\" class=\"\">\n\n <script id=\"last-updated-schema\" type=\"application\/ld+json\">\n        {\n          \"@context\": \"https:\/\/schema.org\",\n          \"@type\": \"Article\",\n          \"headline\": \"Compound interest calculator\",\n          \n          \"datePublished\": \"2023-09-21T08:46:15+00:00\",\n          \"dateModified\": \"2024-04-02T14:31:53+00:00\",\n          \"author\": [{\n              \"@type\": \"Person\",\n              \"name\": \"AI\",\n              \"url\": \"https:\/\/swoopfunding.com\/au\/author\/artificial-intelligence\/\"\n            }]\n        }\n    <\/script>\n \n <div class=\"last-updated view-user\" style=\"justify-content: left;\">\n \n <div class=\"info-left\">\n <img loading=\"lazy\" decoding=\"async\" loading=\"lazy\" src=\"https:\/\/swoopfunding.com\/au\/wp-content\/themes\/swoopMW50\/assets\/icons\/swoop-icon-min.svg\" width=\"32\" height=\"32\">\n <\/div>\n \n <div class=\"info-right\" style=\"justify-content: left;\">\n <p><span>Page written by AI. Reviewed internally on April 2, 2024.<\/span><\/p>\n <\/div>\n\n <\/div>\n<\/div>\n\n\n<div class=\"modal fade modal-form modal-user\" id=\"modal-user\" tabindex=\"-1\" role=\"dialog\" aria-labelledby=\"modal-user\" aria-hidden=\"true\">\n <div class=\"modal-dialog\" role=\"document\">\n\n <div class=\"modal-content\">\n <div class=\"modal-header\">\n <button type=\"button\" class=\"close\" data-dismiss=\"modal\" aria-label=\"Close\">\n <span aria-hidden=\"true\">&times;<\/span>\n <\/button>\n <\/div>\n <div class=\"modal-body\">\n \n \n <\/div>\n <\/div>\n <\/div>\n<\/div>\n\n\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-926cf5e elementor-hidden-mobile\" data-id=\"926cf5e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-75498ce elementor-widget elementor-widget-image\" data-id=\"75498ce\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.20.0 - 26-03-2024 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/swoopfunding.com\/au\/wp-content\/uploads\/sites\/4\/2023\/06\/image-calculator-1024x682.jpg\" class=\"attachment-large size-large wp-image-27594\" alt=\"\" srcset=\"https:\/\/swoopfunding.com\/au\/wp-content\/uploads\/sites\/4\/2023\/06\/image-calculator-1024x682.jpg 1024w, https:\/\/swoopfunding.com\/au\/wp-content\/uploads\/sites\/4\/2023\/06\/image-calculator-300x200.jpg 300w, https:\/\/swoopfunding.com\/au\/wp-content\/uploads\/sites\/4\/2023\/06\/image-calculator-768x512.jpg 768w, https:\/\/swoopfunding.com\/au\/wp-content\/uploads\/sites\/4\/2023\/06\/image-calculator-30x20.jpg 30w, https:\/\/swoopfunding.com\/au\/wp-content\/uploads\/sites\/4\/2023\/06\/image-calculator-80x53.jpg 80w, https:\/\/swoopfunding.com\/au\/wp-content\/uploads\/sites\/4\/2023\/06\/image-calculator.jpg 1280w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t<div class=\"elementor-element elementor-element-af1046a e-flex e-con-boxed e-con e-parent\" data-id=\"af1046a\" data-element_type=\"container\" data-core-v316-plus=\"true\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-ff878f9 elementor-widget elementor-widget-ucaddon_breadcrumbs\" data-id=\"ff878f9\" data-element_type=\"widget\" data-widget_type=\"ucaddon_breadcrumbs.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n\n\t\t\t\n <div id=\"breadcrumbs-container\" class=\"left\">\n <nav aria-label=\"breadcrumbs\" class=\"rank-math-breadcrumb\"><p><\/p><\/nav> <\/div>\n \n\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a1a8dfd elementor-widget elementor-widget-heading\" data-id=\"a1a8dfd\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">How to calculate compound interest<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-53f4bf1 elementor-widget elementor-widget-text-editor\" data-id=\"53f4bf1\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Our calculator requires you to input the initial amount (<a href=\"https:\/\/swoopfunding.com\/au\/business-glossary\/principal\/\">principal<\/a>), the interest rate, the number of times interest is compounded per year, and the time period for which the interest will be calculated. With this information, the calculator can provide you with an estimate of the final amount that will be accrued.<\/p><p>This tool is particularly useful for individuals, investors, and financial professionals to plan and strategise for savings, investments, <a href=\"https:\/\/swoopfunding.com\/au\/business-loans\/\">business loans<\/a>, and other financial endeavours. It enables one to see how different interest rates and compounding frequencies can impact the growth of their money over time.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-a2df328 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a2df328\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-0de743c\" data-id=\"0de743c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-7f89b0d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7f89b0d\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-63e224a\" data-id=\"63e224a\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-481925a elementor-widget elementor-widget-ucaddon_compound_interest_calculator\" data-id=\"481925a\" data-element_type=\"widget\" data-widget_type=\"ucaddon_compound_interest_calculator.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n\n\t\t\t\n<div class=\"form-calculator\">\n <div class=\"left_column\">\n\n <form id=\"compound-interest-calculator\" method=\"post\">\n\n <div class=\"form-group\">\n <label for=\"principal\">Initial deposit<\/label>\n <div class=\"input-group mb-3\">\n <div class=\"input-group-prepend\">\n <span class=\"input-group-text\">$<\/span>\n <\/div>\n <input type=\"text\" id=\"principal\" name=\"principal\" class=\"form-control mask-money\" value=\"5000\" aria-label=\"Initial deposit\" inputmode=\"numeric\" required>\n <div class=\"input-group-append\">\n <span class=\"input-group-text\">.00<\/span>\n <\/div>\n <\/div>\n <\/div>\n\n <div class=\"form-group\">\n <label for=\"contributionAmount\">Contribution amount<\/label>\n <div class=\"input-group mb-3\">\n <div class=\"input-group-prepend\">\n <span class=\"input-group-text\">$<\/span>\n <\/div>\n <input type=\"text\" id=\"contributionAmount\" name=\"contributionAmount\" class=\"form-control mask-money\" value=\"100\" aria-label=\"Contribution amount\" inputmode=\"numeric\" required>\n <div class=\"input-group-append\">\n <span class=\"input-group-text\">.00<\/span>\n <\/div>\n <\/div>\n <\/div>\n\n <div class=\"form-group\">\n <label for=\"contributionFrequency\">Contribution frequency<\/label>\n <select class=\"form-control custom-select-arrow\" id=\"contributionFrequency\" name=\"contributionFrequency\">\n <option value=\"12\" selected>Monthly<\/option>\n <option value=\"1\">Annually<\/option>\n <\/select>\n <\/div>\n\n <div class=\"form-group\">\n <div class=\"label_and_numbers\">\n <label for=\"time\">Years of growth<\/label>\n <div class=\"tag-number\">\n <span id=\"time-value\" class=\"value-tag\">5<\/span> years <\/div>\n <\/div>\n <div class=\"input-group mb-3\">\n <input type=\"range\" class=\"slider\" id=\"time\" name=\"time\" value=\"5\" min=\"1\" max=\"10\" step=\"1\">\n <\/div>\n <\/div>\n\n <div class=\"form-group\">\n <div class=\"label_and_numbers\">\n <label for=\"rate\">Estimated rate of return<\/label>\n <div class=\"tag-number\">\n <span id=\"rate-value\" class=\"value-tag\">2<\/span>%\n <\/div>\n <\/div>\n <div class=\"input-group mb-3\">\n <input type=\"range\" class=\"slider\" id=\"rate\" name=\"rate\" value=\"2\" min=\"1\" max=\"10\" step=\"0.01\">\n <\/div>\n <\/div>\n\n <\/form>\n\n <p class=\"note-calculator\">This calculator is intended for illustration purposes only and exact payment terms should be agreed with a lender before taking out a loan.<\/p>\n\n <\/div>\n <div class=\"right_column\">\n <p class=\"title\">Your results<\/p>\n \n <p class=\"title-result\">Total balance<\/p>\n <p class=\"number-result\">$<span id=\"finalAmountResult\">0<\/span><\/p>\n <p class=\"title-result\">Total principal<\/p>\n <p class=\"number-result\">$<span id=\"finalPrincipalResult\">0<\/span><\/p>\n <p class=\"title-result\">Compound interest<\/p>\n <p class=\"number-result\">$<span id=\"compoundInterestResult\">0<\/span><\/p>\n\n <a href=\"https:\/\/app.swoopfunding.com.au\/stage\/\" class=\"btn btn-lg btn-dark btn-block\" target=\"_blank\">Get a quote<\/a>\n\n <\/div>\n<\/div>\n\n\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t<div class=\"elementor-element elementor-element-894738b e-flex e-con-boxed e-con e-parent\" data-id=\"894738b\" data-element_type=\"container\" data-core-v316-plus=\"true\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5be841d elementor-widget elementor-widget-ucaddon_auto_page_related\" data-id=\"5be841d\" data-element_type=\"widget\" data-widget_type=\"ucaddon_auto_page_related.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n\n\t\t\t\n\n\n\n\n\n <div class=\"container-auto-page-related\">\n <h2 class=\"text-center\">All calculators<\/h2>\n <div class=\"auto-page-related\">\n <ul>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/au\/business-loan-calculator\/acid-test-ratio-calculator\/\">Acid test ratio calculator <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/au\/business-loan-calculator\/adr-calculator\/\">ADR calculator <\/a>\n <\/li>\n <li >\n <a 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started<\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Compound interest calculator Our compound interest calculator can help determine how an initial amount of money, known as the principal, will grow over time when it earns interest that is compounded at regular intervals.\u00a0 Page written by AI. Reviewed by Ciaran Burke on April 2, 2024. Ciaran Burke COO &#038; Co-Founder Ciaran is the technology [&hellip;]<\/p>\n","protected":false},"author":88,"featured_media":0,"parent":27346,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"acf":[],"featured_image_urls":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":"","image_blog":"","image_podcast":"","image_banking":"","image_blog_internal":"","image_blog_medium":"","image_single_banking":""},"post_excerpt_stackable":"<p>Compound interest calculator Our compound interest calculator can help determine how an initial amount of money, known as the principal, will grow over time when it earns interest that is compounded at regular intervals.\u00a0 Page written by AI. Reviewed internally on April 2, 2024. &times; How to calculate compound interest Our calculator requires you to input the initial amount (principal), the interest rate, the number of times interest is compounded per year, and the time period for which the interest will be calculated. With this information, the calculator can provide you with an estimate of the final amount that will&hellip;<\/p>\n","category_list":"","author_info":{"name":"AI","url":"https:\/\/swoopfunding.com\/au\/author\/artificial-intelligence\/"},"comments_num":"0 comments","featured_image_urls_v2":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":"","image_blog":"","image_podcast":"","image_banking":"","image_blog_internal":"","image_blog_medium":"","image_single_banking":""},"post_excerpt_stackable_v2":"<p>Compound interest calculator Our compound interest calculator can help determine how an initial amount of money, known as the principal, will grow over time when it earns interest that is compounded at regular intervals.\u00a0 Page written by AI. Reviewed internally on April 2, 2024. &times; How to calculate compound interest Our calculator requires you to input the initial amount (principal), the interest rate, the number of times interest is compounded per year, and the time period for which the interest will be calculated. With this information, the calculator can provide you with an estimate of the final amount that will&hellip;<\/p>\n","category_list_v2":"","author_info_v2":{"name":"AI","url":"https:\/\/swoopfunding.com\/au\/author\/artificial-intelligence\/"},"comments_num_v2":"0 comments","_links":{"self":[{"href":"https:\/\/swoopfunding.com\/au\/wp-json\/wp\/v2\/pages\/32767"}],"collection":[{"href":"https:\/\/swoopfunding.com\/au\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/swoopfunding.com\/au\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/swoopfunding.com\/au\/wp-json\/wp\/v2\/users\/88"}],"replies":[{"embeddable":true,"href":"https:\/\/swoopfunding.com\/au\/wp-json\/wp\/v2\/comments?post=32767"}],"version-history":[{"count":13,"href":"https:\/\/swoopfunding.com\/au\/wp-json\/wp\/v2\/pages\/32767\/revisions"}],"predecessor-version":[{"id":34355,"href":"https:\/\/swoopfunding.com\/au\/wp-json\/wp\/v2\/pages\/32767\/revisions\/34355"}],"up":[{"embeddable":true,"href":"https:\/\/swoopfunding.com\/au\/wp-json\/wp\/v2\/pages\/27346"}],"wp:attachment":[{"href":"https:\/\/swoopfunding.com\/au\/wp-json\/wp\/v2\/media?parent=32767"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}