What is the Investment Calculator?

The Investment Calculator helps you calculate the future value of an investment based on the principal amount, annual interest rate, time period, and whether interest is compounded annually or simple. By entering these details, the calculator determines how much your investment will grow over time, making it easy to plan savings, track financial goals, or compare different investment options. This tool is useful for investors, students, and anyone looking to understand the effect of interest on their money.

How to Use:

1. Enter Principal Amount (P): Type the initial investment or savings amount.
2. Enter Annual Interest Rate (%): Input the yearly interest rate as a percentage.
3. Enter Time (years): Specify the number of years the money will be invested or saved.
4. Select Compound Interest: Choose “Yes” for interest compounded annually or “No” for simple interest.
5. Click “Calculate”: The calculator computes the future value of your investment.
6. Review the Result: Use the displayed future value to plan financial goals, compare options, or forecast savings growth.