What is the Compound Interest with Deposits Calculator?

The Compound Interest with Deposits Calculator estimates the future value of an investment or savings account over time, taking into account the initial principal, annual interest rate, time period, and optional regular deposits. It helps users plan investments, track growth, and understand the effects of compound interest on their savings.

How to Use:

1. Enter Initial Principal (P): Input the starting amount of money you invest or save.
2. Enter Annual Interest Rate (%): Type the yearly interest rate your account or investment earns.
3. Enter Time (Years): Specify the duration of the investment in years.
4. Enter Regular Deposit per Period (Optional): Input any additional amount deposited regularly each period.
5. Click “Calculate”: The calculator computes the future value of your investment including interest and deposits.
6. Review the Result: The result shows the total accumulated amount after the given time period, helping guide savings and investment decisions.