Free investment calculator
Compound interest calculator
Estimate how an initial amount can grow when interest is repeatedly added to the balance and begins earning interest itself.
Growth assumptions
Enter your starting values
Compounding frequency
Year-by-year growth
See the estimated balance and accumulated interest at the end of each year.
| Year | Balance | Interest earned |
|---|---|---|
| Year 1 | GEL 10,830.00 | GEL 830.00 |
| Year 2 | GEL 11,728.88 | GEL 1,728.88 |
| Year 3 | GEL 12,702.37 | GEL 2,702.37 |
| Year 4 | GEL 13,756.66 | GEL 3,756.66 |
| Year 5 | GEL 14,898.46 | GEL 4,898.46 |
| Year 6 | GEL 16,135.02 | GEL 6,135.02 |
| Year 7 | GEL 17,474.22 | GEL 7,474.22 |
| Year 8 | GEL 18,924.57 | GEL 8,924.57 |
| Year 9 | GEL 20,495.30 | GEL 10,495.30 |
| Year 10 | GEL 22,196.40 | GEL 12,196.40 |
How compound interest works
Compound interest adds each period's interest to the existing balance. Future interest is then calculated on both the original amount and earlier interest, so more frequent compounding can produce a slightly higher result at the same stated annual rate.
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